Perrone’s family home is valued at $826,000, Smith’s at $1.2 million.
Background of the Georgetown University lab guys.
(Mr UD: “You can see how it happened. Those houses used to be worth twice that.”)
Perrone’s family home is valued at $826,000, Smith’s at $1.2 million.
Background of the Georgetown University lab guys.
(Mr UD: “You can see how it happened. Those houses used to be worth twice that.”)
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October 28th, 2010 at 12:57PM
Correct Mr. UD: valued, not “worth.”
October 28th, 2010 at 1:03PM
Probably not true that the values are way down – houses in Boston suburbs with good schools are off no more than 10-20% on average. What has happened, of course, is that those assets are now illiquid; meanwhile the families are paying for some very expensive colleges. So money may in fact be tight (or seem so to students at such colleges).
October 29th, 2010 at 2:26PM
Don’t worry about the students too much: I am sure that, after they have done their time, a business school will reward their entrepreneurial spirit and accept them