Reply to Private school is a terrible ROI for middle class people

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[quote=Anonymous][quote=Anonymous]It probably oy makes sense to account for the higher property taxes you pay if you opt instead of private school to live in an expesnsive town with the better public schools.  Like, if private costs $30k, and instead you move to Super Fancy Suburb for the good public schools, you probably buy a more expensive house and pay more property taxes than you would pay if you lived somewhere cheaper and sent kids to private.  I know I moved to Super Fancy Suburb for this reason and my property taxes are about higher than they would be if I lived in the next town over literally three miles away.  
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The higher property tax does not come close to what you would pay for private school every year, and the real estate is an investment that you keep, instead of pissing it away on private tuition.

When you buy into a more expensive school district, you get a nicer neighborhood and the assurance that your property value is not going to fluctuate wildly with each recession. I live in an expensive part of Bethesda, and during the 2008 recession, prices barely dipped. They stopped increasing for while, let's put it like that. The rest of the time we've been here, the price increase has been relentless. For that price, I get great public schools. And I can sell my house for a nice amount after the kids graduate.

It's a significantly better deal than living in a lower-income neighborhood, risking devaluation depending on who moves in next door, and with a public school that doesn't have as studious a cohort, not as many AP courses, maybe has more security issues, and perhaps less engaged staff.[/quote]

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