Thursday, March 18, 2010

Even the Town Mangler can't afford the Override...


Click to enlarge/read


Maybe he's moving to South Hadley.

19 comments:

Anonymous said...

Even better, maybe he's retiring and moving out of town.

Larry Kelley said...

I hear Miami is nice this time of year.

Anonymous said...

He makes over ten thousand dollars a month. Maybe he's buying a bigger house!

Ed said...

The thing I noticed more than anything else is how it doubled in value over 10 years -- the 1996 selling price and the 2006 selling price.

Housing in Amherst is far overvalued - and when (not if) there are major cuts at UMass, the values will plummet and then.......

Anonymous said...

trouble in paradise. hes moving in with his girlfriend.

Anonymous said...

stop! enough.

Larry Kelley said...

And be damned he who cries "hold, enough."

Anonymous said...

Didnt think he lived there anymore......I think the boss lady booted him out...

Anonymous said...

she did.
don't you have anybody in town hall filling you in on that Larry?

Anonymous said...

For someone who is Mr. know-it-all, I'm surprised you don't know the facts here Larry. House for sale is the result of the mangler cheating on his wife, leading to end of marriage, leading to putting house up for sale.

Anonymous said...

Don't worry, Ed. Nobody who is getting laid off from UMass could afford to live in Amherst to start with. Changes at UMass will effect the rental market however. They are increasing enrollment and sophomores are no longer guaranteed a space in a dorm. This means more students will be looking for apartments in a rental market that has not added any new stock recently. This will drive up rental prices. It's a good time to be an owner of rental property.

Ed said...

House for sale is the result of the mangler cheating on his wife, leading to end of marriage

There was a time, not that long ago, (pre-Clinton/Monica/Cigar, maybe earlier) when such an individual would either quietly resign for personal reasons and/or be fired.

Moral Turpitude.

The rationale would be that if his wife couldn't trust him, how could the taxpayers????

I have no knowledge of the situation and am just making a general statement here, but *if* his wife could not trust him, how can the taxpayers???

Ed said...

Nobody who is getting laid off from UMass could afford to live in Amherst to start with.

Well, I include the TAs in North Village who may be dropping out of school, but I accept the general premise.

BUT these people (living elsewhere) tend to spend quite a bit of money in Amherst. How many stores and resturaunts are there in Conway, Cummington or Leverett?

Changes at UMass will effect the rental market however. They are increasing enrollment

No, they are going to TRY TO do this. In an environment where the student loan system is on the verge of collapse, where families don't have the money to pay out of state tuition, and where they have run out of places where parents & guidance counselors haven't heard about "ZooMass."

Every time they talk about "increasing out of state enrollment", I ask what state they are going to get more kids from and they don't have an answer.

Remember too it is "yield" and not "acceptances" or "applications" that matter...

and sophomores are no longer guaranteed a space in a dorm.

Unless I haven't heard yet - and my sources on campus are good - this is that they aren't guaranteed a DESIGNATED space in a dorm. Different thing - and they are still REQUIRED to live in a dorm, they just don't get to pick which one, or with who....

This means more students will be looking for apartments in a rental market that has not added any new stock recently.

No, it doesn't. More and more students are living at home and commuting out here 2/3 times a week. Why do you think that traffic gets worse each year?

And what do you think is behind the push to put stuff in Springfield, right next to the Turnpike, for an easy commute from MetroWest????

This will drive up rental prices. It's a good time to be an owner of rental property.

Prices were driven up by the Amherst Housing Authority paying 120% of Fair Market Value and there is no way in h*** that HUD is going to allow *anyone*, *anywhere* to go above 120%.

I seem to see an awful lot of "for sale" signs in town - if things were so good, why isn't stuff being sold???

Ed said...

UM Policy -- as of next fall, Sophmores are no longer REQUIRED to live on campus. All who want one are expected to get a dorm room.

Why change this - my take is that there are a lot of Sophmores who would leave UMass except for this rule being changed, including quite a few commuting more than 40 miles to campus.

That doesn't speak well to a stable UMass student body, let alone one about to increase in size - for anything other than one year.

Remember, this isn't like the mid '90s when they literally accepted EVERYONE, there are now minimum SAT/GPA standards and that is Board of Higher Ed policy that they can't change...

Anonymous said...

I'm so surprised you didn't report on Larry following in the immoral footsteps of Barry.

Larry Kelley said...

Well hey, at least Barry married his secretary...or was it two of them?

Ed said...

What's wrong with bigamy?

Marriage is a developing paradox, our Chief Justice Margaret Marshall tells us so....

questioning resident said...

Why is this news? Given the override election on Tuesday, and 2 School Committee positions in Amherst, WHY did you consider THIS "news"?

Anonymous said...

Check your facts, Ed. 1. There are approximately 12,000 spaces on campus for what is expected to be close to 25,000 students next year. Even you can figure out that there will be more students living off campus than ever before. 2. UMass in the mid-90s did not "literally" accept everyone. They may have had a lower acceptance rate, but you should look up the dictionary definition of the word "literally."
3. There is no evidence that significantly more students are commuting to campus or that any increases in traffic are the result of students commuting from long distances. 4. Layoffs at UMass will certainly not effect TAs. The cheap labor provided by grad students working as TAs is the biggest and best bargain UMass has. They will be the last group to be cut back. 5. There is also no evidence that more students are living at home and commuting to campus. There is no indication that state cutbacks will lead to reduced funding for grad students to the extend that a significant number will drop out of school. If anything, the university will depend more on their cheap labor. 6. The houses that are not selling are not multi-family rental units that are populated with UMass students. In any case, the increased demand for cheap student housing won't be seen until next year and the following years. These are just some the factual errors in your most recent posts.