I went to school at UofM during the described time period (Graduated in 2017, they describe rent increases in 2010-2016) and the question I'd love to see answer

I went to school at UofM during the described time period (Graduated in 2017, they describe rent increases in 2010-2016) and the question I'd love to see answered is what happened to rents in existing properties when the luxury towers sprouted up. Because of course the new luxury towers are more expensive than an apartment from the 70s - but if the alternative supply hasn't gone up in price or disappeared, it's a bit odd to complain. And I paid less than $1000 for a 2br adjacent to north campus (split with a roommate, so really $500) that was 5 a minute walk from some dorms, 15 minutes to the campus itself - and that's if you ignored the (pretty frequent) buses. Which makes me even more skeptical of the "no one can afford to live there" narrative...