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[quote=Anonymous]We went through previous boom and bust in the early 2000s.

One thing people used to say is that a home is more of a place that you live and not an investment.

So you can't really look at rising and dropping property values.

Maybe it's because we kind of got in at a good time, any potential decline in price would be annoying but not end of the world for us.

Schools were the number one factor for us and we saw the price differential in similar homes zoned for different schools.

What is the issue for us, is feeling that our area was unfairly designated to be rezoned to a school that we didn't choose and we did decide to pay for the extra for the area we moved into.  If we knew things would've happened the way they were being proposed, we would've just bought in a couple of neighbhorhoods over for a lot cheaper for the same schools our area would be going into.

So how it currently affects us, is that while we did consider moving somewhere where we thought would be less likely impacted by the boundary changes, I don't think anything is definite until the final proposals are made and accepted.  It would feel kind of dumb to buy into somewhere else just to find that area would get rezoned too.  And I'm kind of surprised of people still buying into some areas that are proposed to be rezoned.  But at the same time those listings only mention the current school assignments as a major selling point too.  So don't know if the buyers knew what they might be buying into or if it's not a factor for them.

So we're currently in a holding pattern.  If it's a really big deal to us, we'll just look to move.  It's an annoyance and a nuisance and our first choice would be not to move.  But there were factors for us in choosing to move and where we moved to the last time around.  And we'll do the same again if we feel like those factors aren't met due to any changes with boundaries.  So aren't really stressed about them.

But think that there's a lot to be said about just renting if things are always subject to change like this.[/quote]

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