Re: Black markets vs. cryptoanarchy

[Jim Wise <jw250@columbia.edu>]

On Wed, 13 Nov 1996, Dr.Dimitri Vulis KOTM wrote:

> I spent a few years living in Columbia housing on 111th St and there are
> plenty of good, cheap groceries around. If you choose to save on the rent
> and to live, e.g., up by City College, then indeed there are fewer groceries
> and they cost more. The clerks who work there also get paid much more than
> the clerks midtown because they risk their lives.
> And you spend more time commuting to Columbia.

These days City College has a miniature version of CU's higher-rent bubble
effect.  At any rate within a few blocks of either school is rather a bit
better off than the surrounding areas.  111th is much more within CU's
sphere of influence, and prices at markets like Westside and UFM drop as
they compete for the student crowd.  That neighborhood has a pocket of
slightly more variety as well, for the same reasons.  As you walk north,
the number of liquor stores rises even as the number of businesses
drops...

--
				Jim Wise
				System Administrator
				GSAPP, Columbia University
				jim@santafe.arch.columbia.edu
				http://www.arch.columbia.edu/~jim
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