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UO E-clips, May 13
Top stories for May 13, 2008: Falling housing prices may spark higher rents, reports the Daily Journal of Commerce, with quotes from the UO's Tim Duy; new UO arena plus new UO baseball park means less parking space, according to The Oregonian; nothing missing but break-ins in UO labs raises question of why, according to the Daily Emerald
Apartment rents should increase as housing prices fall (Daily Journal of Commerce): Though the recent downturn in housing appreciation rates has started a price-realignment process for bought properties, rental prices are expected to increase as a result, according to a report from the Center for Economic Policy Research, a Washington, D.C.-based think tank studying economic issues. … Tim Duy, an economics professor at the University of Oregon, says home prices generally have a consistent relationship with rents.
Projects eliminate parking spots (The Oregonian): As the Oregon campus undergoes a major renovation in the coming months, thanks to several new athletic facilities, fans might find themselves frustrated by new traffic patterns and disappearing parking spots. Two areas flanking the Willamette River -- the Autzen Stadium parking lot, which also will be the home of Oregon's baseball park; and the intersection of 13th Avenue and Franklin Boulevard, site of a $227 million basketball arena -- could gain a little clarity this week.
Research labs face dual break-ins in two months (Oregon Daily Emerald): Research labs on the third floor of Klamath Hall, home to much of the University's chemistry department, have seen two break-ins during the last two terms, but the Department of Public Safety and professors who work in the building are not sure why. "Nothing was actually stolen," said Assistant Department Head Julie Haack, but it appeared that someone had tampered with some experimental arrangements in the labs overnight. Faculty members called DPS first thing in the morning -- around 7:30 and 8:45 a.m., on April 24 and February 12, respectively -- presumably right after they opened the lab at the beginning of the day.