Wednesday, September 12, 2012

Faculty Follies

Ran into a fellow faculty member at the grocery store this morning. He's a tenured full professor of economics. In fact, he used to be the economics department chair. We got to chatting, and I found out that he was living in an apartment complex a few blocks from campus. He's paying $650 a month, plus utilities. No big deal, right?

Then I found out that he owns a house here in town that he's renting out for $500 a month - plus he's paying the tenant's water bill.

Yes, you read that right. He's losing $150+ per month on his living arrangements.

And he's teaching economics to the youth of America. That explains a lot about the mess we're in.

With that kind of financial acumen his talents are wasted here. He's obviously qualified to serve on obama's team of economic advisors...


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6 comments:

  1. kerrcartoSeptember 12, 2012 at 5:31 PM

    That is amazing! Dad rents his 3br 1bath 1950's house for $800 a month and we have no problem finding tennants. The only problem we have is finding ones that don't fuck the place up.

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  2. CenTexTimSeptember 12, 2012 at 6:42 PM

    Hey, I'd rather pay $800/month to live in Kerrville than $500/month to live in Laredo.

    Location aside, however, what I don't get is why the guy doesn't live in his own house and save the $150/month.

    I guess I just haven't been a professor long enough...

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  3. JTSeptember 12, 2012 at 9:29 PM

    Hmmm, is his tenant a female? Maybe he is getting $150 worth of something else.

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  4. CenTexTimSeptember 12, 2012 at 9:46 PM

    Given the quality of most of the females down here, he's still overpaying...

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  5. ToejamSeptember 13, 2012 at 7:50 AM

    He's a Social activist Democrat, just trying to "redistribute the wealth" like President Obama wants him to do.

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  6. CenTexTimSeptember 13, 2012 at 5:10 PM

    Toejam, if he was a real socialist he'd be redistributing other people's money.

    No, he;s just a typical academic whose head is so full of theories that he has trouble functioning in the real world.

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