Reply to Where do the people in the $6/7/8m+ mansions in send their kids?

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Reply to "Where do the people in the $6/7/8m+ mansions in send their kids?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is ridiculous, they definitely go to private schools here. The super rich I know go to St. Albans, Landon, NCS, Sidwell, and boarding schools. [/quote]

Agree with this.  My kids are at STA and NCS and I have been to many homes that are worth more than $4 million and countless worth over $2.5.
Most of this money is self-made by highly educated, smart people. Smart people generally (not always of course) have smart kids. 
I get the relfex to say "oh, they're all a bunch of trust fund idiots" but no--I find that at these schools they're usually a pair of Harvard law grads with undergrad degrees in math and history from Stanford. [/quote]

The conclusion from this thread is that some wealthy people send kids to STA/NCS, others send their kids to minor private schools, some send theirs to public schools.

FYI I wouldn't necessarily place $4M houses in the category of the superwealthy. That's law firm partner bracket.

$10+M house and now you're talking. That's successful founder of a tech company that sold out to Amazon. [/quote]

There simply aren't that many $10million+ homes in the DMV.  An even smaller number have school-aged children. [/quote]

I have at least 5 on my block and 20 within walking distance here in DC. [/quote]

You live in Foxhall?[/quote]

In that area.  I guess I should note the list is that high, they are not all sold.  Still, two families with young kids nearby have each put $10 million plus into real estate projects in the last couple of years.  [/quote]

And It's quite possible (in fact probable) that these are the only 2 families with young children at that price point in the District, if not the entire DMV.
There are single digit transactions at this level across the entire DMV each year. 
Just because you live in the epicenter of the wealth bubble does not make it commonplace. [/quote]

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