[bitL]

Alright, so Collective privatised what used to be a student dorm, decreasing affordable housing to students, and now offers a bed in crammed rooms with other people for at least 1000GBP/month. For some reason this is considered a good deal (for Collective I guess?)... Is this the prosperous future?

[dbbk]

I've had a look round this place. It's definitely not a good deal. The core concept is a good idea, but this particular building is just the worst execution of it.

Also it never opened as a student dorm, I think that's what the architects had in mind, but The Collective opened it as a co-living building from the start.

[madeofpalk]

Is that actually what happened? Or did the student accommodation close down for its own reasons, and Collective jumped on the opportunity and bought it?

I'm unsure - but I didn't read anything in the article to draw the same conclusion you did.