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Post by Tigardbeav on Mar 16, 2016 16:42:46 GMT -8
So one of our friend's kid is going to the dark side for collage. (LOL) I'm not sure but Pat Killkenny bought up some properties while working as AD (for $1/year) This is the building he is going to stay in. huboncampus.com/eugene/amenitiesRooftop pool, sand VB courts and fire pit. Looks like PK came out "just fine" |
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Post by beavs6 on Mar 16, 2016 18:57:02 GMT -8
Yea, well my son goes there too.(The only reason I have not dis-owned him is because he is a track kid...really wish we had men's track, but I digress). As much as I would like to bag on all that is unholy at hole, the HUGE profit being made by those on the inside is because the costs of ownership is lower. The kids that are paying to live in these units are not getting a break. They are paying full market value. My son's $495 per month all in rent is for the type of apartment that "most college kids" live in.
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Post by Tigardbeav on Mar 16, 2016 22:10:32 GMT -8
beavs6
what do you mean by cost of ownership is lower? The cost of land & building is lower? $495/mo sounds very reasonable by PDX standards. I think this complex stats at $650 or so per month.
PK was an insider that profited on that insider knowledge. That's slimy.
Good luck to your boy
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Post by beavs6 on Mar 17, 2016 11:22:39 GMT -8
My way of agreeing with you... And PK is not passing on his lower costs to the students. He was/is (Pat K) as slimy as they come.
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Post by Tigardbeav on Mar 17, 2016 12:21:14 GMT -8
My way of agreeing with you... And PK is not passing on his lower costs to the students. He was/is (Pat K) as slimy as they come. Ahh...I get it.
now we have to say Best Owner(s) in CFB???
FPK
(that's Kill wrestling. Phil has done a ton of good stuff in the Medical field in the Portland area)
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Post by garydog on Apr 14, 2016 10:13:56 GMT -8
This is one of the reasons college costs are so ridiculous. When I was in college, we shared glorified foxholes for dorms and fraternity house rooms. We slept on sleeping porches. Community showers. s%#tters with no doors.
Nowadays kids are given a penthouse lifestyle and it's all deferred to be paid for by the income they'll never actually earn.
Enjoy that bubble burst!
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