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Preschool and Daycare Discussion
Reply to "Shocked at how little the parents are donating to the holiday bonus for the teachers"
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[quote=Anonymous]Keep in mind that just because a home is currently valued at 1mil+ does not mean the people living in it have the income to purchase a million dollar home. Many of my friends live in homes that are worth double, triple, or more than what they (or their parents, if they inherited the house) paid. That home equity is for retirement; no one is taking a home equity loan to impress a room mom with their teacher gift donation. You have no idea what people's real budgets actually are, and you certainly cannot ascertain it from the value of their homes.[/quote]
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