With house prices sky-rocketing, will students have to live like peasants?

“Boom time” for property developers, but gloom time for students as research shows Aberdeen’s property prices have doubled in the past ten years.

Investors are flocking to Aberdeen to get in on the money-making action that is thriving all over the city, and whilst this might be good news for those with an income and a foot already on the ladder, it strikes a blow to Aberdeen’s student community.

With new-time buyers now paying over 5-10% of the valuation price, it looks like the oil money in Aberdeen is not only ruining one Saturday night in every month for students, but the also the prospect of having somewhere to live.

It seems that in the near future, students could be living like peasants, begging on the streets they once use to roam fearlessly to split the rent of a one bedroom flat between five of them.

Those who once cursed the gaping hole in the library are now seeing it as an accommodation option, with the Engineering department inventing rigging contraptions in order to fit hammocks between the floors to accommodate those who will no longer be able to afford four walls.

Many are trying to convince younger siblings to move to Aberdeen in order to share their first year halls, and recently it has come to light that the skips and dumps in Aberdeen are being raided of old furniture as students pre-empt the fact that floor space will cease to exist as they cram as many friends as possible into kitchens and living rooms.

Some are resigned to the fact that they may have to spend the rest of their student years sleeping in a bathtub, which does not bode well for the love lives of Aberdeen University.

I suspect that the trend in Aberdeen University will no longer be Wednesday nights spent on the town, but instead people desperately trying to find generous students of Aberdonian parentage, simply in order to guarantee a bed in the coming years.