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DC Public and Public Charter Schools
Reply to "When are boundary changes being announced?"
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[quote=Anonymous]"Who is it you Ward 3 people think you're threatening? If you move out of your house, the value will go up and there will be another family moving in before it's time to cut the lawn again." [18:54] here. As I said, I hold a PhD in economics and let me tell you that your reasoning is totally wrong from an economic point of view. If I move out of my house, and together with me other DC families unhappy of the "controlled choice" , this will INCREASE the SUPPLY on the market of houses for sale/rent and thus value will go DOWN in DC (not UP as you were saying). On the contrary, the areas which will received this inflow of families from DC (say Montgomery County) will experience an INCREASE IN DEMAND of housing , which will drive prices UP. To sum up, increase in supply in DC from fleeing families = housing prices down in DC. Increase in demand from families moving to Montgomery Ct. = housing prices up in MC.[/quote]
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