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This really reminds of the book "The Fountainhead" of "Ayn Rand". https://en.wikipedia.org/wiki/The_Fountainhead https://en.wikipedia.org/wiki/The_Fountainhead
by giorgioz 5y ago
This really reminds of the book "The Fountainhead" of "Ayn Rand".
https://en.wikipedia.org/wiki/The_Fountainhead https://en.wikipedia.org/wiki/The_Fountainhead
There is logic behind the words of Charles Munger and also on his opposition.
Frankly though if Charles Munger is financing the project they should let them do it.
It might work out great or terribly. We'll find out and Charles Munger will pay for it.
- TheRealDunkirk 5y agoSure. Why not. A poor, struggling university -- with only $161 BILLION in their endowment -- probably can't make ends meet without $200M "donations," with specious strings attached, like this one.
- pepperonipizza 5y agoThere is already one which has been built and it has mostly positive reviews. https://www.veryapt.com/ApartmentReview-a7222-munger-graduate-residences-ann-arbor?reviews_page=1 https://www.veryapt.com/ApartmentReview-a7222-munger-graduat...
- danuker 5y agoOne of the comments: > It was great up until the covid started, staying in an apartment with no windows and no access to other facilities within the building isn't worth it.
- m0llusk 5y agoThat one has a different plan with windows in some of the common spaces unlike this new plan which is almost entirely without.
- aqme28 5y agoIf only Munger pays for bad architecture, then that's fine. The issue is that 4500 students will also have to pay for it
- prepend 5y ago> The issue is that 4500 students will also have to pay for it It seems they will pay less for it.
- TheRealDunkirk 5y agoAre you sure we're both talking about the AMERICAN university system here?
- prepend 5y agoThis building is cheaper than other dorms in terms of students per dollar invested. I hope that would result in lower room and board fees.
- perryizgr8 5y agoNot if they don't want to. They can go to another university, or they can find their own accommodation.
- giorgioz 5y agoEveryone votes with their money. There will be other options available to the students. Students should be the ones making the choice of where to live based on the things they value. If the project is significantly cheaper and in practice there is not so much difference, some students might graduate with equal results to others with windows but with less debt to repay given the savings in accomodation.
- danuker 5y ago> We'll find out and Charles Munger will pay for it. Your comment changed my mind. Thank you!
- giorgioz 5y agoSorry, was that sarcasm or a genuine answer? It's hard to tell just by text.
- chaosite 5y agoBut he isn't paying for it. He's paying for a fraction of it.