Reply to Magnet MS results - Takoma Park & Eastern

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

You're making some assumptions about Bethesda and Potomac parents. The vast majority of Cold Spring parents are not rich, [b]far from it.[/b] They are dual income, ESL families who stretched and sacrificed to buy small homes in the "best" school district they could. They are not the stereotype you think, and are pretty devastated about the being discriminated against with the new admissions policy. Unless you feel 54/56 Cold Spring magnet students truly did not deserve to go on to MS magnets.[/quote]

How far from it? How much does it cost to live where this vast majority of Cold Spring parents live?

(And again, Churchill and Wootton are not school districts.)[/quote]

I don't know ... My husband and I are in our early 30s. We were both in grad school until 5 years ago, and started out making about $110k in 2012. Our income has steadily increased (this year we will make close to $400k, including vested stock), but since we only recently started making more money, we don't have much in savings. As a result, we are in Gaithersburg, where home prices are lower.

My point is that I'd be hard pressed to believe that most people with young children (so mostly around our age) have the money to put a competitive offer together for the vast majority of houses districted to Bethesda and Potomac schools. I've looked on Redfin enough to know that it's very tough to find a place for under $800k; they exist, but they're few and far between. You could eek out an apt in downtown Bethesda, but most of the houses in that area are simply much more expensive.

Maybe you've got people with MSers in that area who have saved well from working more typical white collar jobs for 15+ years (and are likely more in their 40s), but the elementary school crowd would have to mostly be making some pretty serious money to afford real estate in that area. [/quote]

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