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Usually when the residents leave, no one replaces them and the housing delcines. The city owns much of it so they sell it at a really low price. Developer comes in, buys it, prices it so high so that residents cant afford it. |
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Not having a car and taking the bus from New York, I walked the Temple area for a year on a weekly basis. I did a lot of research, asked students, talked to people in the temple housing office... and turns out there is no clear cut boundary. The boundaries are blurry. My experience: In August 2006 I bought a house on French between 16th & 17th... (technically outside the northern boundary) finished renovating it in January 2007. The house was on the market only for a week before it was snatched up by students. I must have received over 50 e-mails from Temple students inquiring about the house. I am now getting a positive cashflow of 1600 Dollar per month (it is a 4 bedroom 2 bath). I then bought anouther shell on 18th and French. The house is about to be finished, I advertised in Craigslist a month ago. It is an 8 bedroom, 4 bathroom, 3 kitchen dorm style house. I advertised it at 400 per month per room. Again, I received about 30 to 40 e-mails in the first 15 days. Obviously, my experience tells me students are willing to go beyond the 17th/diamond/cecil b moore boundaries. |
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I think it's Princeton Review that says that Temple is this year's #1 most diverse school in the nation this year, which does not surprise me. Since they are really diverse to begin with, I think there's a good chance that students on their own are going to pick a place based primarily on income. Race will not be as big a factor in these cases I would guess. Such a wide diversity could be a major factor for unclear boundaries and unclear patterns because maybe there is no boundary or pattern to look for.
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SEPTA is short for "Septic Tank" -chessimprov! Vote David Oh in 2011! |
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How many bedrooms does the house have? Did you get it rezoned yet? If so, how long did it take? They didn't slap a cease and desist order on you?
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no I was told to apply for zoning and get the process started for fire alarm. I think it is an attempt to get money because they just went after me because they no students are in the house. and it is four bedrooms.
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