Housing has become a major problem for college students. The reticence of college administrators to build new housing facilities in light of predictions of imminent enrollment declines has caused an increasing percentage of students to live off campus. The results of an informal survey of housing problems affecting off-campus students show that the most common problems are soaring rent and shortages of rental units. A major cause of these problems is condominium and cooperative conversions. Landlords see conversions as desirable since rental units have become economically unfeasible due to rent controls and zoning regulations. Renters perceive landlords as chasing fast high profits. The problem is not likely to improve in the near future, especially in urban areas. If colleges and universities care about their students, their involvement in these issues is critical. They need to serve as an advocate for their students and they need to reexamine their own programs. An important consideration is creating a good relationship between the institution and the community. (DC)