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Reply to "UMich regent donates $30M days before "reopen" decision -- he is largest landlord in Ann Arbor. Wow!"
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[quote=Anonymous][quote=Anonymous]Not really seeing this one If campus remained empty, wouldn't that hurt smaller landlords, allowing him to gobble up even more properties at depressed prices? A billionaire like this basically finds ways to make money somehow no matter what. [/quote] +1 Unless he decided to be generous and let kids out of their annual leases all landlords would be paid the annual rent -- regardless of whether school is online or hybrid like Michigan. Indeed at most of schools with online only the large majority of upperclassmen have returned to the college area (or never left) precisely because the rent is a sunk cost that cannot be abated regardless of what the school decides. Additionally, for a billionaire, the few students who would beat there leases in a single town is not even a rounding error oh his balance sheet. Such a stupid conspiracy theory. [/quote]
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