Option 3 discussions can go here:
https://www.dcurbanmom.com/jforum/posts/list/1278829.page |
There is a new thread just for you: https://www.dcurbanmom.com/jforum/posts/list/1278829.page |
I don't think anyone is saying this. I think people should be prepared for these things. Both happen frequently to many families at the same time. Widespread job losses are often the reason why home values go down. If you are worried about the impact of a potential downturn in property values on your personal finances, I suggest you speak with a financial advisor. It may be a good idea for you to build up an emergency fund/change the distribution of your portfolio to include less risky and more liquid assets. What I do not think is helpful is advocating for segregation in our schools to protect your home value. |
File for cosa. |
I see this word gets thrown casually. I am genuunly ionterested where is segregation where some one is not allowed to buy and attend near by schools? If by segregation, you mean why poor kids are not attending some rich schools far away then it's a poor arguement to make for segregation. People will buy where they can afford and go to school close to their house. That's how it has worked due to being most efficient use of tax payers money. That's not segregation. |
De facto segregation refers to separation that exists in practice, even though it's not legally enforced. It's the result of social, economic, or other factors, rather than explicit laws or policies. Examples include racial segregation in housing, education, and other public spaces due to factors like neighborhood demographics, housing patterns, or personal choices. In contrast, de jure segregation is segregation enforced by law. |
By the way, MCPS specifically drawing boundaries to keep certain schools with low poverty rates in order to protect the property values in certain neighborhoods is absolutely segregation. It's redlining by another name. |
Well Option 3 still doesn't address Whitman segregation. |
Job loss is not why overinflated home values go down. It hits a level most cannot afford. Most jobs are not feds or contractors. And, if you took a too high mortgage thinking your job was secure, did not save, that’s on you. My home value means nothing but property taxes as I have no intention of moving. |
If BOE and Taylor are not cognizant of the current economic outlook for the county that suggests some serious incompetence.
I know people have been contacting their county board reps about this already. |
To add: the board at least understands that raising taxes right now to fund the schools’ full budget was not the right move, citing job outlook. |
Lets stick to the topic please! |
Economic outlook is 100% on topic. |
Why, people overpaid for their homes and expect the market to continue to rise, which may or may not happen. The w community wanted the new school. What did they think would happen. |
Not their problem. |