It wouldn’t be unusual to tear it all down. If you paid this much for the property, you’d want your own home. He (Woods) is probably going to want to redevelop the whole piece.

If it’s simply an educational site, then I don’t see it as a huge threat.

Real estate is still a contact sport.

It’s a really high price and everyone’s blown away.

They’re just making smart investments because they know people are coming. They have the money, and they saw a hot market, so it was easy for them to step in in a big way.