I live and work in a hotbed of colleges and universities: Harvard, MIT, Cambridge College, and Lesley in Cambridge, Tufts in Medford, and Boston University, Simmons, Berklee College, Northeastern, and Emerson in Boston to name just some of them.
Colleges and universities are certainly good for business - newly hired professors, graduate students, and parents buying a place for their child to live in while attending school - all help to keep the real estate business moving and property values strong.
The schools also have a huge impact on quality of life. There's a liveliness to the streets and there are plenty of cafes, bars, funky shops, restaurants, and bookstores that stay in business because of the students. Accomplished and interesting people spend a portion of their lives in our cities to attend school.
The local colleges also offer an amazing array of lectures, events, and more - many open to the public and most at no cost.
Just yesterday a colleague called and asked if I was free. Turns out he had an extra ticket to attend a lecture by Tony Blair, the former Prime Minister of Great Britain, at Tufts. Half an hour later, we were seated (in the third row!) among an audience of 5000, to hear Blair speak about the Middle East. Actually, since Blair's arrival was delayed due to a heavy snowstorm in London, we first spent an hour or so talking about real estate websites while we waited.
With opportunities like these, I can't think of anywhere else I would rather live!
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