People really don’t understand how much wealth Harvard has.
They have a long history of systematically buying storefronts in squares, leaving them to get derelict, devaluing the surrounding property, and buying it all up.
They are by far the largest land owner of the Allston Brighton area of Boston. This land is by and large tax exempt.
Their endowment’s interest alone exceeds the value of their student’s tuition. In perpetuity. But where’s the fun in that?
There’s a kind of deep rabbit hole if you’re bored. 172 Lincoln St will probably get you going somewhere.
Not to disagree, but their endowment is not dry powder, cash on hand. In fact they use some of it as tuition assistance to lower income students. You aren’t wrong, they didn’t need to blink or comply.
I’ve said this nearly every time it comes up.
People really don’t understand how much wealth Harvard has.
They have a long history of systematically buying storefronts in squares, leaving them to get derelict, devaluing the surrounding property, and buying it all up.
They are by far the largest land owner of the Allston Brighton area of Boston. This land is by and large tax exempt.
Their endowment’s interest alone exceeds the value of their student’s tuition. In perpetuity. But where’s the fun in that?
There’s a kind of deep rabbit hole if you’re bored. 172 Lincoln St will probably get you going somewhere.
Not to disagree, but their endowment is not dry powder, cash on hand. In fact they use some of it as tuition assistance to lower income students. You aren’t wrong, they didn’t need to blink or comply.
We can take on Harvard right after we take on Trump and the other 2,780 billionaires.