Tulane's new policy is creating a new real estate challenge for the surrounding neighborhood

Because of a new school policy that requires Tulane students to live on campus for their first three years, campus student housing has improved, from parking shortages to late-night noise and overcrowded rentals. But the housing policy has created a new challenge for the neighborhood: an oversupply of apartments that is leaving hundreds of units vacant and, some say, driving down prices. Arthur Sterbcow, a local real estate analyst, joins Newell to talk about it.