38. The author of this article argues that, to reverse declining revenues from campus
housing rentals, campus housing officials should decrease the number of available
housing units and reduce rent prices on the units. The authors line of reasoning is that
fewer available units will limit supply while lower rents will increase demand, thereby
improving overall occupancy rates, and that the resulting increase in occupancy rates
will, in turn, boost revenues for the campus. This reasoning is unconvincing for several
reasons.
To begin with, the author assumes that boosting occupancy rates will improve
revenues. All other factors remaining unchanged, this would be the case. However, the
author proposes reducing both the supply of units and their rental prices. Both of these
actions would tend to reduce revenues. The author provides no evidence that the
revenue-enhancing effect of a higher occupancy rate will exceed the revenue-decreasing
effect of reduced supply and price. Without such evidence, the argument is
unconvincing.
Secondly, the author assumes that lowering rents will lead to higher revenues by
increasing demand. However, it is possible that demand would decrease, depending on
the extent of the rent reduction as well as other factors―such as overall enrollment and
the supply and relative cost of off-campus housing. Moreover, even if demand increases
by lowering rents, revenues will not necessarily increase as a result. Other factors, such
as maintenance and other costs of providing campus housing units and the reduced
supply of rental units might contribute to a net decrease in revenue.
Thirdly, in asserting that lowering rental rates will increase demand, the author
assumes that current rental rates are causing low demand. However, low demand for
student housing could be a function of other factors. For instance, the student housing
units may be old and poorly maintained. Perhaps students find the campus housing rules
oppressive, and therefore prefer to live off-campus; or perhaps enrollments are down
generally, affecting campus housing occupancy.
In conclusion, the author of this editorial has not argued effectively for a decrease
in the number of available campus housing units and a reduction in rental rates for those
units. To strengthen the argument, the author must show that a rent reduction will
actually increase demand, and that the revenue-enhancing effect of greater demand will
outweigh the revenue-reducing effect of a smaller supply and of lower rental rates.
雅思介词用法
雅思口语分类词汇 餐具调味品
雅思分类词汇 - 数码相机规格
雅思听力场景和词汇 停车场景
雅思真经句型英汉互译-简单句
雅思分类词汇 - 交通相关词汇
雅思分类词汇 - 学校课程名称
雅思分类词汇:留学生活场景
雅思分类词汇 - 体育游泳篇
雅思听力场景和词汇 考古场景
雅思分类词汇 - 家具方面的词汇
专业外语词根、前缀、后缀
胡敏故事背雅思单词4(advisory-ailment)
雅思分类词汇 法庭与法律用语
雅思听力场景和词汇 生活咨询
留学英语小辞典
雅思听力场景和词汇 课外调查场景
雅思分类词汇:常用男子名写法
雅思听力场景和词汇 证件办理场景
雅思听力场景和词汇 地理场景
雅思听力场景和词汇 旅游场景
雅思分类词汇 - 乘机旅行
雅思阅读部分的词汇基本范围
雅思分类词汇:NBA词汇
雅思分类词汇 - 职衔职称
雅思写作考试常用单词:形容词副词篇
雅思常考十种场景词汇(8)
雅思听力场景和词汇 选课场景
妙语连珠的卡片索引
雅思听力场景和词汇 个人健康场景
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