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> Because people buying something means they no longer have the money, and are thus, poorer. How does you, hypothetically, paying me $100,000 to teach you how
by randomdata 2y ago
> Because people buying something means they no longer have the money, and are thus, poorer.
How does you, hypothetically, paying me $100,000 to teach you how to weave baskets under water make me poorer? By my math I gained $100,000. $100,000 more I now have to spend on a house that I wouldn't have had otherwise.
> Are there colleges that don't just burn the money?
Presumably all of them. At very least they pass a large portion of that money off to administrators, who then often buy houses with the money.
- AnimalMuppet 2y agoAnd if the driver of higher housing prices was college administrators, you'd have a point. Would you care to demonstrate that college administrators are in fact the cause? Because without presenting such data, you're not going to convince many of us, who currently believe that college administrators are, at best, a very minor contributor to high overall housing prices.
- randomdata 2y ago> And if the driver of higher housing prices was college administrators, you'd have a point. I don't follow. If college administrators were driving the price of housing, my point would fall apart immediately. That was in response to someone who thought colleges burn money, not the greater topic at hand. > you're not going to convince many of us Okay...? Why would I want to convince anyone of anything? That doesn't make any sense.