NYDN, University of California, Merced students are living in mansions that have been foreclosed on for $200-350 each in monthly rent.
Why such cheap rentals? The town of Merced was ranked the third hardest-hit area in the country for home foreclosures.
Amenities include: 5 or 6 bedrooms, many equipped with their own private bathrooms, Jacuzzi tubs, walk-in closets, and swimming pools.
The one question on my mind, are there any UC Merced students who need a roommate? Don’t threaten me with a good time (or $200 rent).