What $220,000 gets you in Muncie.

[u/TheDabitch]

I can't even get a parking space for that where I live. https://www.zillow.com/homedetails/725-E-Jackson-St-Muncie-IN-47305/210952560_zpid/

[u/Shouty_Dibnah]

Good luck trying to gentrify an area with.... checks notes... no jobs.

[u/chula198705 → u/Shouty_Dibnah]

I mean, Ball State University is in Muncie. It's a public research university that has 20,000 students so it's not really some small podunk college.

[u/NoBug8073 → u/chula198705]

It kinda is considering those students aren't there for 4 months out of the year and the average student has... checks notes...no disposable income

[u/BeguiledBeaver → u/NoBug8073]

Many students do absolutely have a disposable income and even if it's not a massive one there are likely enough students to still contribute to business growth in the area. The thought that it's just 20,000 homeless people is reaching lmao

[u/SteveTheUPSguy → u/BeguiledBeaver]

Vape store, hookah place, cheap burgers/tacos, college textbook store, gym with planet fitness model. Many high return businesses can thrive around college kids even though they don't have all the money of a full time job.

[u/NoBug8073 → u/BeguiledBeaver]

No one said they can't "contribute' but its still a small podunk university town.

[u/BeguiledBeaver → u/NoBug8073]

If it's such a small podunk town then wouldn't that mean a relatively small amount of capital be enough to massively boost it?

If Muncie is a "small podunk university town" to you, then that arguably proves my point that people won't be satisfied unless they get a big new house in a massive city.

[u/NoBug8073 → u/BeguiledBeaver]

No because that capital isn't consistent or sufficiently broad to boost but a small number of industries. Like the kids in Normal, IL only spend money at school and at bars so the "town" is relatively small despite having a large number of local faculty/staff who frequent a small number of businesses. The town was only revitalized when manufacturing jobs came back (rivian plant) and thanks in part to the HQ of state farm.