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Originally Posted by ILUVSAT
UT would welcome more dense West Campus housing. There's no room for more on campus.
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Yes, it would absolutely welcome more dense WC housing. It would also welcome a better transportation system which makes it easier for students to live outside of WC and commute to UT.
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Regardless, UT is not overly concerned with the cost of housing.
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To be clear, I do not think that UT is so invested in the cost of housing that it's going to make some radical decisions to reduce overall cost, but it is an institution which, for better or worse, is governed by the same economic forces that any other higher-learning institution is. These institutions (especially ones that are some of the best in the nation) are worried about the *overall cost* that a prospective student will see, compared to say, Rice, which gives full-ride tuition to students with family incomes under 140k. UT, like almost all universities, are fighting for the best students who will contribute to the culture, community, and alumni network.
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That is the concern of students (i.e., in most cases - parents). It's a cost of sending your kid to one of the best public institutions in the world in one of the hottest real estate markets in the world!
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Sure. But UT wants the best, regardless of their family income or SES. And that means caring about the overall cost, too.
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And who cares about "looking modern?" Seriously.
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The same people paying for the tuition, apparently. Lots of things have been built at plenty of universities that don't serve much purpose but look good to draw in students (and parents). LRT certainly is more useful.
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And, please explain what you mean by "...cost of decreasing revenue and other related things that it would bring." I'm confused. Everyone in West Campus (Campus itself) would benefit from LRT. In fact, values will increase - especially near the line itself.
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I'm going to take this backwards. Values are increasing in WC regardless of LRT, even though everyone would benefit in the long run from LRT being in Austin. But *during installation* the construction will affect some more than others, and that's the bit that I meant about decreasing revenues. Most people want to avoid living directly next to a construction zone, and most businesses would rather not have the regular stream of people walking by disrupted. That means that tenants and landlords alike aren't going to be thrilled for the extended amount of time I am sure the installation will take.