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A comment on A List of Colleges’ Plans for Reopening in the Fall. Parent comment

Re:A List of Colleges’ Plans for Reopening in the Fall by WalterBright on Tuesday April 28, 2020 @06:35AM (#23005600)
If you've ever rented out land, you'd know that the price you can charge is not at all set by what the tenant can afford. Like other prices, it's set by supply and demand.

For an obvious example, if I tried to rent my house out to Bill Gates for $50 billion, which he can afford, how far do you think I'd get with that?

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Re:A List of Colleges’ Plans for Reopening in the Fall by klodolph on Tuesday April 28, 2020 @11:15AM (#23007776)
The key insight here is that demand is driven by what the tenants in an area can afford.

For an obvious example, the rent in Manhattan is higher than the rent in Tulsa because the salaries in Manhattan are higher.

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