My point was that the article reference by A.K. talked about concerns over how the University's proposed "land grab" was already forcing down property prices, whereas, in UC, we all know that since Penn decided to abandon the Fordham University urban planning model (i.e., build a really big fence) and began to invest in the neighborhood, real estate prices have increased at a greater rate than almost any area in the metropolitan area. Obviously, my sarcasm was lost on both Mark and Ray.
I still think you may be missing the point of al's post, which was entitled "the 800-lb gorilla has cousins," not "the 800-lb gorilla has an identical twin." surely al wasn't pointing out that one university's land grab was the same as another university's real estate ventures. and surely you didn't mean to conclude from his post that 'luck' is what's at play for all the owners of real estate in uc. and surely mark didn't mean anyone would need to venture towards affordable places.
Mark Krull wrote:
Umm. My impression from the prices of real estate in the area is that folks who own real estate stand to make some nice money. I saw a listing at 46th and Spruce that is OVER $500.000. A middle class couple would have a nice time paying that mortgage. They might want to venture towards West Powelton or 49th Street North of Spruce to find an affordable place.
Jonathan A. Cass wrote:
Perhaps they will be as unlucky as all the owners of real estate in UC have been.
Al Krigman wrote:
A cousin to the 800-lb gorilla who lives in our neighborhood between Chestnut St & University Ave, 40th St & the Schuylkill River, has been spotted in Reno NV. Read all about it:
http://emdo.blogspot.com/2005/04/neighbors-wary-of-unr-expansion-reno.html
L a s e r B e a m wrote:
I think maybe jonathan and mark are missing the point of al's post?
unless they have some definition of 'unlucky' and 'owners' and 'venture towards' I'm missing?
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