3 ms·
I've always been surprised by how expensive Princeton is even though short drives in any direction can be much cheaper. Students seem to be mostly in student ho
by osdiab 8y ago
I've always been surprised by how expensive Princeton is even though short drives in any direction can be much cheaper. Students seem to be mostly in student housing anyway, and anybody who lives there in any other capacity probably has a car, is it just prestige of being there that pumps up the rent?
- jseliger 8y agoI've always been surprised by how expensive Princeton is even though short drives in any direction can be much cheaper AAA estimates the TCO of a car to be $8,500/yr: https://newsroom.aaa.com/auto/your-driving-costs https://newsroom.aaa.com/auto/your-driving-costs. Even if you're only "a short drive away," you then have to pay for parking on or near campus, which is likely dear: https://www.vox.com/videos/2017/7/19/15993936/high-cost-of-free-parking https://www.vox.com/videos/2017/7/19/15993936/high-cost-of-f.... Finally, commuting sucks: https://www.newyorker.com/magazine/2007/04/16/there-and-back-again https://www.newyorker.com/magazine/2007/04/16/there-and-back... from a social and psychological perspective. People love living around other people who can they chat with and befriend; that's why current zoning laws prohibiting such developments are so pernicious.