🚀 go-pugleaf

In article <4jov1l$bos@News.Dal.Ca>, benoit@ug.cs.dal.ca (David Benoit) wrote:
> 
> It's the same argument for why if you are going to live somewhere for a LONG
> time, you should buy instead of rent... It just makes sence! (and saves a
> LOT of money)
> 

Actually, this assumption isn't always correct, and many who contemplate
buying a house don't consider the full picture. Certainly, it may feel
like you are 'throwing away' money when you rent instead of buying, but
that's not always true. Why? Because you are supposed to invest the difference
between rent and your house payment ("The Wealthy Barber" is actually a nice
and simple discussion of this idea and other similar financial considerations). 

  In the case of Dalhousie, it may be a lot more palatable during times of
financial stress to get into a renting situation than to build an entire
new building. The money saved in this arrangement can be put towards
improving (or saving?) other programs at Dalhousie. How could Dalhousie
seriously talk about cutting the Music program, then contemplate the
construction of a new computer science building? Moreover, does anyone
have any good ideas where to put it on campus? I'd like to keep a bit of
landscape if possible. 

Remember, universities like U of T manage just fine, and they're spread out over
massive distances comparatively speaking... 

Steve

-- 
Steve Franklin                        franklsm@tuns.ca
Halifax Nova Scotia                   http://www.tuns.ca/~franklsm/
Technical University of Nova Scotia   Masters of Applied Science (EE)