Where do you consider MCPS high schools on a scale of good-bad

[Anonymous]

Anonymous wrote:

Anonymous wrote:Well suburban is talking about the trend of wealth moving back to inner cities and leaving the low-income earners with long commutes in depressed suburbs

Yes, a place that is mostly poor can be a "ghetto." Race is correlated with income in this area, but not a defining factor for me.

I know the word ghetto has roots in race/culture so you can pick a different word for 'predominantly low-income area with high-income people moving out due to concerns about schools and low-income people moving in as prices get even lower'

But the real estate prices aren't getting even lower.

They don't have to. They aren't keeping up with prices in more desirable close-in places.

[Anonymous]

That is true ^

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Well suburban is talking about the trend of wealth moving back to inner cities and leaving the low-income earners with long commutes in depressed suburbs

Yes, a place that is mostly poor can be a "ghetto." Race is correlated with income in this area, but not a defining factor for me.

I know the word ghetto has roots in race/culture so you can pick a different word for 'predominantly low-income area with high-income people moving out due to concerns about schools and low-income people moving in as prices get even lower'

But the real estate prices aren't getting even lower.

They don't have to. They aren't keeping up with prices in more desirable close-in places.

By definition, prices in less-desired places aren't keeping up with prices in more-desired places.

But the less-desired and more-desired places may not be where you think they are.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Well suburban is talking about the trend of wealth moving back to inner cities and leaving the low-income earners with long commutes in depressed suburbs

Yes, a place that is mostly poor can be a "ghetto." Race is correlated with income in this area, but not a defining factor for me.

I know the word ghetto has roots in race/culture so you can pick a different word for 'predominantly low-income area with high-income people moving out due to concerns about schools and low-income people moving in as prices get even lower'

But the real estate prices aren't getting even lower.

But you are looking at it from a historically high period of price appreciation. Those areas havent grown nearly as quickly, recovered from the crash nearly as well or moved up market like other close in areas. I own several rentals in the close in Silver Spring area and the multi-families aren't worth what they were in 2006 and the SFH is worth a bit more but the avg income of the tenants and the quality of the applicants is way down IMO.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Well suburban is talking about the trend of wealth moving back to inner cities and leaving the low-income earners with long commutes in depressed suburbs

Yes, a place that is mostly poor can be a "ghetto." Race is correlated with income in this area, but not a defining factor for me.

I know the word ghetto has roots in race/culture so you can pick a different word for 'predominantly low-income area with high-income people moving out due to concerns about schools and low-income people moving in as prices get even lower'

But the real estate prices aren't getting even lower.

They don't have to. They aren't keeping up with prices in more desirable close-in places.

Duh. Places that are closer in have always been more expensive. This isn't a new phenomenon. But does it mean that suburban prices are declining? No, of course not. There's still a huge demand from families who want to live away from the hustle and bustle, live in family-oriented neighborhoods with great schools. All suburbs aren't the same.

[Anonymous]

Sucky building, very small athletics, great academics. - PHS

[Anonymous]

I have a buddy who parents retired and sold their home in 2009 behind Eastern Middle school. That was no where near the top of the market but a house a couple of doors down just sold for 100k less 10 years later. That doesn't look like values are going up to these eyes. Also that neighborhood is dingy, I don't think it is headed in the right direction.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Well suburban is talking about the trend of wealth moving back to inner cities and leaving the low-income earners with long commutes in depressed suburbs

Yes, a place that is mostly poor can be a "ghetto." Race is correlated with income in this area, but not a defining factor for me.

I know the word ghetto has roots in race/culture so you can pick a different word for 'predominantly low-income area with high-income people moving out due to concerns about schools and low-income people moving in as prices get even lower'

But the real estate prices aren't getting even lower.

But you are looking at it from a historically high period of price appreciation. Those areas havent grown nearly as quickly, recovered from the crash nearly as well or moved up market like other close in areas. I own several rentals in the close in Silver Spring area and the multi-families aren't worth what they were in 2006 and the SFH is worth a bit more but the avg income of the tenants and the quality of the applicants is way down IMO.

1997-2017?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.

I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.

Yep, younger familiar want to live closer in.

Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.

[Anonymous]

We got 0/3 in our price range ^ ha

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.

I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.

Yep, younger familiar want to live closer in.

Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.

If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?

[Anonymous]

not for the price no...

[Anonymous]

for free yes

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.

I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.

Yep, younger familiar want to live closer in.

Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.

If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?

Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live in Potomac and I'm very worried about real-estate not keeping up and its impact on the schools. These days people are abandoning the burbs for closer in areas that are quickly becoming more desirable.

I'd worry about that too, honestly. Younger people typically don't want to live in areas as car-dependent as Potomac and also can't afford it. That's reflected in the Potomac elementary schools, which are undercrowded.

Yep, younger familiar want to live closer in.

Nope, I would say majority of people want to live closer in. But sometimes, people sacrifice "closer in" so that they can get a newer house in a nice neighborhood with good schools for the right price. In this area, consider yourself lucky if you can pick 2 out of these 3 factors: schools, commute, house. I picked schools and house. FYI- where I live in Clarksburg, a lot of young professional families are moving in and have chosen the same. People will pick different things depending on their situation.

If you could have those things, closer in, you'd pick that over the same things farther out, wouldn't you?

Me, personally, yes. Others may feel differently; however even if most would prefer all 3, the bottom line is, MOST people can't afford to check off all 3 boxes in this area. My HHI isn't too shabby at $260K a year and I still can't afford all 3.

The statement was that younger families want to live closer in, not that they are all financially able to do so.