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College and University Discussion
Reply to "Schools that you think of as rich kid schools. If you’re MC, will your dc fit in? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Or they buy condos/townhomes and let their kids stay there, and rent out the other 1-2 bedrooms to friends to cover the mortgage payment. [/quote] We did this. Two of my friends' did this with their respective kids as well. If you can, why not? But none of us have mortgages on the properties.[/quote] I’m not saying it’s a bad idea, it’s a wise/prudent one. But on the thread topic, throwing down $250k for a townhouse in a small college town is a sign of wealth.[/quote]
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