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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][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] NW??[/quote] Yes- in NW is a desirable area. Home value is a bit unknown to me, but we purchased for less. However, I have thought about moving to 16th st heights since we can still get more for our money there, and we are private and charter. The thought that you cant live in DC under 300k is insane- and out of touch. Although not a surprising DCUM post...[/quote]
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