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Montgomery County Public Schools (MCPS)
Reply to "Initial boundary options for Woodward study area are up "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]FFS, now people are arguing that you should be fine with BOTH losing your job and your home value tanking. And if you don't it's all your fault. What the hell is wrong with people.[/quote] I don't think anyone is saying this. I think people should be prepared for these things. Both happen frequently to many families at the same time. Widespread job losses are often the reason why home values go down. If you are worried about the impact of a potential downturn in property values on your personal finances, I suggest you speak with a financial advisor. It may be a good idea for you to build up an emergency fund/change the distribution of your portfolio to include less risky and more liquid assets. What I do not think is helpful is advocating for segregation in our schools to protect your home value.[/quote] Job loss is not why overinflated home values go down. It hits a level most cannot afford. Most jobs are not feds or contractors. And, if you took a too high mortgage thinking your job was secure, did not save, that’s on you. My home value means nothing but property taxes as I have no intention of moving. [/quote]
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