Harvard housing sets 2014-15 rents

Friday, January 31, 2014 - 13:40 in Mathematics & Economics

Harvard University Housing (HUH) manages approximately 3,000 apartments, offering a broad choice of locations, unit types, amenities, and sizes to meet the individual budgets and housing needs of eligible Harvard affiliates (full-time graduate students, faculty members, or employees). Harvard affiliates may apply for Harvard University Housing online (click on “Apply for Harvard University Housing”). The website also provides information about additional housing options and useful Harvard and community resources for incoming and current affiliates. In accordance with the University’s rent policy, Harvard University Housing charges market rents. To establish the proposed rents for 2014–15, Jayendu Patel of Economic, Financial & Statistical Consulting Services performed and endorsed the results of a regression analysis on three years of market rents for more than 2,050 apartments. The data on apartments included in the analysis were either posted at the Harvard University Housing Office by non-Harvard property owners or were supplied by a real estate...

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