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Reply to "Real Estate Or Private School? "
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[quote=Anonymous][quote=Anonymous]1. You can probably get the money back when you sell. Private school tuition you won’t ever see again. Plus, it’s really nice to live near your kids’ friends.[/quote] +1 and what happens if your income status changes? We had the same dilemma when our HHI was about $400K. But, we thought about what would happen if one of us couldn't work. We would have to pull the kid out of private and send them to the local public. I felt it was too risky for us. It could happen at any time.. ES, MS or HS, Ker or senior in HS. That would be awful if we had to pull out when DC was as senior. And PP is right.. your house is an investment. The equity you are building can be part of your retirement. Private school doesn't necessarily build equity for your kid. Your kid could end up the same going to public as a private.[/quote]
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