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Private & Independent Schools
Reply to "How rich are private school parents?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Dual-income of $2.5 million. 2 in private in DC. We feel like most families are doing better than us.[/quote] Why? You know that this is clearly not the case.[/quote] Kids’ houses, cars, vacations, 2d homes, 3d homes.[/quote] A facade. I know a number of families that lease their shiny luxury cars, vacations are paid on credit, and 2nd homes belong to grandparents. My sister is a realtor in this area and is privy to a lot of financial information--according to her it is very unusual for private school families to have incomes in the 7-figures. Most hover in the $300K-$700K range. (Of course, this is still a ton of money in the grand scheme of things.)[/quote] Im calling bs on this. Its not possible to even live in DC on $300k.There is a lot od grand parent help there.[/quote] This is one of the most redic. comments I have read on DCUM. I live in DC in a home worth about a mil. 1 in private, 1 in public. Make a bit more the MOST of our friends in public, and in private some make a TON more, and some make less or the same (assuming obviously by the jobs and homes). I feel comfortable in both. We make about 400. However we have made MUCH less in the last 10 years, and NEVER found it impossible to live in DC. Ever.[/quote]
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