Berkeley’s Building Boomers Move In: By BECKY O'MALLEY

Friday August 27, 2004

Readers of metro dailies this week are learning what Daily Planet readers have known for more than a year. Berkeley has dramatically overbuilt its supply of luxury student housing. Chirpily cheery stories report what is, of course, good news for luxury students: prices have dropped for units boasting T1 Internet connections and free satellite TV, for students who like the in-your-face togetherness and the slick synthetic surfaces of the new units downtown, which are a lot like dormitories, but much fancier. The UC housing office reports that two-bedroom apartments now can be found for about $1,500 a month, which undoubtedly seems like a bargain to students from L.A, though the luxury buildings are asking more like $2,000. -more-

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