Reply to When are Woodward boundaries going to be decided?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's crazy that there are Kensington houses that are a 0.6 mile walk to Einstein but are instead sent to WJ which is 4+ miles away[/quote]

wink wink[/quote]

That's why I could not believe that folks upbid 40K on a plain rectangular home in KP the other week.  What do they expect will happen by 2025?  I guess it's a great commute, but the homes one ES district over zoned for Einstein currently sell for 200K less, so there is a huge built-in school premium that they will likely lose.

Anyway, good luck to everybody in this time of change.[/quote]

People are willing to pay $200,000 extra for a house zoned for a school with fewer poor kids, even though everybody agrees that the school with fewer poor kids doesn't actually provide a better education, and wouldn't provide a worse education if it had a more poor kids, because people are willing to pay $200,000 extra for a house zoned for a school with fewer poor kids, even though...[/quote]

People expect that the best indicator of future performance is past results.

I am not questioning their reasoning there.  They just must be completely unaware of all this boundary fluidity era that we are entering.  Just kind of hope they are not overextending themselves getting into a tiny house in KP that may go upside down on its mortgage in no time.[/quote]

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