Why College Kids Are Bypassing Dorms and Living in Investment Properties—Courtesy of Mom and Dad

By Julie Taylor
Jul 2, 2024EnvelopeFacebookTwitterLinkedinPinterest

Klew Yeh Mori was sick of throwing away money on her son Shoji‘s college housing with so little to show for it.

His freshman dorm at the University of Portland had not been cheap, and the expensive condo she rented for him sophomore year had a lot of maintenance issues that the landlord simply chose to ignore.

That’s when Mori, a real estate agent and resident of Salt Lake City, decided to try a different approach: When it came time to renew her son’s lease, she purchased an investment property in Portland, OR, where he could live instead.

“I don’t have to waste money on rent anymore, and now we are collecting rental income from his roommates to help with household expenses,” Mori explains. “It’s a win-win for me.”LEARN MORE…

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