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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's a status symbol thing - as wealthier and wealthier families move into ARL, they'll shift more and more to private. I don't know why this isn't obvious to you.[/quote]

And yet most families still go public. Even in the priciest neighborhoods. [/quote]

Arlington wealthy isn’t the same as DC wealthy. 50+K of after tax dollars is a lot to pay per year (per kid!), even if you live in a 3 million dollar home.[/quote]

I think you’re overestimating the wealth of the majority of private school parents and underestimating the number of families with grandparents paying tuition.  [/quote]

Sure, there’s a lot of generational wealth there. Maybe the grandparents are buying these families’ second and third vacation homes, too. 😉

I am friendly with a family whose grandparents pay for their children’s private school tuition. It’s not because mom and dad can’t afford it. It’s a way of passing down wealth and avoiding taxes on that amount.[/quote]

Yes there are enormously wealthy people there.  But that’s not the majority of the families.   [b]Anyone in a 3M home in Arlington could easily afford tuition if they wanted to and they would likely be in the top half of families, income-wise.[/b]  APS is flawed but better than DCPS.  It’s my opinion that this is the difference.[/quote]

You are so, so wrong. Go look in the Private School forum. People making 400K per year saying they’re in the bottom half of the income bracket.

What’s the average HHI of those living in wealthier parts of Arlington? Can they *really* afford 50, 100, 150K in after-tax dollars for tuition? (Some of these schools are 55K now, and increasing every year.)

Bless your heart.[/quote]

But you can’t buy a 3M dollar house on 400k so your answer wasn’t the zinger you thought it was.[/quote]

Did he say that one could? I see a question about the average HHI in wealthy parts of Arlington. Three private school tuitions would be hard to swing unless you make a ton of money.

[/quote]

Yes -  in the reply, PP bolded the sentence where it was stated that anyone in a 3M dollar house can afford private school.  PP was therefore specifically responding to that statement.  I don’t know what math gets you a 3M house on a 400k income absent down payment assistance from a family member…???  But if anyone can show their work, that would help all the people in the real estate forum lamenting the price of N Arlington.[/quote]

No. He said go look in the private school forum about people making $400K saying they’re in the bottom half of their school income-wise, not that one can afford a $3M home on $400K.[/quote]

It’s eye-opening. People say they make $300K and are on financial aid! I imagine that must give their kid a warped sense of reality when it comes to what it means to be poor. [/quote]

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