Quote:
Originally Posted by Low D Flat
Yeah, but don't the GLOs lease the land under the houses for $1 a year? If so, that's a valuable subsidy from the university.
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Yes, but the GLO is providing housing for University students that the U doesn't have to build and manage...and they wouldn't pay themselves any rent if they built their own dorms on the land...and they wouldn't get the interest off the loans...