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DC Public and Public Charter Schools
Reply to "Why are DC schools the pits?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My eyes are glazing over from reading all the bullshit on this thread, but there's an easy answer to OP's question on the home values: most home buyers don't care about the quality of the local public schools and make their buying decisions on a whole host of factors. It's a common misconception on this board that the perceived quality of the public schools is the be all and end all when not comes to home values and that's just not true. Only a minority of home buyers ever plan to use the schools in many close in neighborhoods, and many couldn't even tell you what the schools are.[/quote] This. In the DC real estate market, UMC buyers with school-age children considering enrolling the kids in public schools are a tiny fraction of buyers overall. I've been on CH for 30 years, and it's easy to see that far more empty nesters are buying these days than even 10 years ago. [/quote] The northwest premium per square foot makes zero sense without accounting for school. There’s even a big discontinuity between houses zoned for Deal and JR off 16th street and and those that aren’t. [/quote] The northwest premium is more because of an outdated prejudice. The perception is that if you are a successful white person you will either live in NW or on Capitol Hill. It takes a slightly countercultural person who has lived here for more than a year or two to even look outside of those boundaries.[/quote] Above is true. But I will say that there are many UMC families like ours who do not live in those areas and live EOTP who are at charters. In my kid’s group of friends, parents are doctors, lawyers, etc… We could afford WOTP or CH but chose not to move there or to the burbs because we got into a charter we were happy with and now are at DCI. Charters are what is keeping UMC families in the city. Otherwise we would have moved to the burbs. IMO ROI for schools better in burns than WOTP. [/quote] That's true. Brookland is full of high achieving parents, mostly sending their kids to charters.[/quote] Absolutely. And my family is among them. You get more for your money in NE, in general. And I'm grateful, in all of this federal uncertainty, to have an affordable mortgage.[/quote]
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