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DC Public and Public Charter Schools
Reply to "Why are DC schools the pits?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My eyes are glazing over from reading all the bullshit on this thread, but there's an easy answer to OP's question on the home values: most home buyers don't care about the quality of the local public schools and make their buying decisions on a whole host of factors. It's a common misconception on this board that the perceived quality of the public schools is the be all and end all when not comes to home values and that's just not true. Only a minority of home buyers ever plan to use the schools in many close in neighborhoods, and many couldn't even tell you what the schools are.[/quote] This. In the DC real estate market, UMC buyers with school-age children considering enrolling the kids in public schools are a tiny fraction of buyers overall. I've been on CH for 30 years, and it's easy to see that far more empty nesters are buying these days than even 10 years ago. [/quote] The northwest premium per square foot makes zero sense without accounting for school. There’s even a big discontinuity between houses zoned for Deal and JR off 16th street and and those that aren’t. [/quote]
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