Reply to Initial boundary options for Woodward study area are up

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why are you talking about property values again??! Please just STOP! This is about children and schools..[/quote]

I don't have kids in school and planning to downsize. Losing 100-200K is huge for me. I suspect that will happen with 30% FARMS.
 40-50% FARMS will actually result in a bigger drop and I won't have any equity left for retirement.

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Your house is not a good retirement plan. It’s not going to impact things.  [/quote]

Its a big chunk of my net worth and I was going to downsize soon. It was surely a big part of my retiurement plan.[/quote]

I don’t get people like you.  [/quote]

I am not the PP but poeple have right to feel bad about a big chunk of retirement money dissapearing. Seniors may not have kids in school but they pay taxes whoch support schools. BOE has every right to take whatver decision they want but citizens have evry right to express themselves. I don't see a problem with that and not sure why you don't get it.[/quote]

I agree.  I am very solidly on the side that property values don’t matter to this equation, but of course I realize that home equity is a huge part of a financial portfolio especially for the middle class.  It’s kind of silly to argue that it shouldn’t be.  That doesn’t make it relevant to this conversation, but there’s no reason to be mean.  We are all subject to the ups and downs of various investments and I think we can agree that it sucks when investments go down.  Whether they will in fact go down is of course a separate question.[/quote]

These concerns should be posted in the money forum. Nobody is going to feel sorry for you because the house you bought for $100k might possibly only sell for $1 million instead of $1.2 million. [/quote]

+1.  Really hard to feel sorry for seniors who have been clinging to their houses instead of downsizing already because they were hoping their propoerty value would go up even more.[/quote]

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