At this point, I'm not sure what alternative there is to uncertainty. It's simply too soon to know what the new boundaries will be. Once the options start being mapped out there will be less uncertainty, and then in 2026 there will be certainty. |
Nothing wrong with renting. |
Maybe 2027 or 2028 since these projects are often delayed. Then the projection of overcrowding could be significantly less for the next 5 years. |
The supply comes from a small number of homes on the market districted to good schools. The demand comes from: - Investors looking to flip properties (bidding up some of the lower end houses in expensive regions) - Wealthy older folks (my realtor tells me a number of their clients are purchasing second homes) - Upper middle class, young families with money who are willing to pay a steep price for a good school This is not a ton of people, but they have resources, and young people especially are stretching as hard as they can to purchase these properties. Again, if you look at both prices and Census data you will see population drop and prices rise in the same time period. |
I guess, if you live in Bethesda or Potomac, and everyone you know lives in Bethesda or Potomac, and you never go anywhere that isn't Bethesda or Potomac (except maybe occasionally North Bethesda or North Potomac), then that's what Montgomery County might look like to you. |
An alternative would be a clarification of the scope of the boundary changes. A line in the sand of where you can buy a home and not worry about this. For example, "Nothing south of 28 will be touched". |
Of course that’s not possible as crown is right next 28. |
The scope of the boundary study for Crown has not been established. The scope of the boundary study for Woodward is clear and does not need clarifying: https://gis.mcpsmd.org/boundarystudypdfs/WoodwardHS_BoundaryStudyScope.pdf |
That is never, ever going to happen. |
I understand that. And you will continue to see the large portions of the upper middle class move out of MoCo, as much as they might want to stay, because it simply does not make sense to try to move into a good school district there at the moment. |
Prices can go up while population goes down because it’s about buyers and sellers, not people. If people are converting from 2 families in one home to just 1 or kids are moving out and buying homes without the parents selling theirs, you have more demand than supply without an increase in population. |
MCPS is the only school district in Montgomery County. |
How many people are we talking about here? And where are they moving from, and where are they moving to? |
Yes I need to see some real data on this. In my neighborhood (Rockville), the people moving out are elderly and downsizing or leaving the area. They are replaced by young families. |
If you look at the Census data you can probably figure it out. I need to close on a property before I talk specifics, there's enough bidders out there already! |