Our School is the biggest in the UK for educating and research in actual estate and planning. Because the Occasions itself reported over the past election, actual estate is, by some measures, the most highly effective political power in the city. It can be canceled without hurting anyone: not the people in the outer boroughs who'll pay for it, but see little or no benefit from it; not de Blasio, who already has the votes Bloomberg needed to struggle for; not even the real property business which needn't cease growing.
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Many Angelenos, for example, moved inland to San Bernardino and Riverside Counties, accepting a lower wage to get a decrease mortgage, whereas natives of the Inland Empire in turn moved to even cheaper places equivalent to Texas. Actual estate advertizing represents a big source of revenue for the Occasions, and one complete part of the Sunday paper is devoted to it. But the paper's connections to actual estate go far deeper than that.
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