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Montgomery County Public Schools (MCPS)
Reply to "Where are all you families of high performing students planning on moving to? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re heading to Frederick. Seems like the easiest move.[/quote] I'm old enough to remember when Frederick was referred to as "Fredneck". You pearl clutchers who are afraid of the poors ought to be careful what you wish for.[/quote] Yeah, can’t imagine that Frederick is going to be better than different boundaries in MoCo. Plus given the MD tax situation with no SALT deduction it makes more sense to go to VA. We are considering it for that reason. [/quote] I'm assuming that people live in Bethesda/Potomac in part due to to commute and the nice homes. The equivalent areas in Virginia are places like Arlington and McLean. Those areas are seeing multiple bids, in part due to Amazon coming. So people who want to move to those areas are going to pay a lot more for the same house, or they will have to move further out which increases their commute time. The SALT deduction limit would hit you in VA too if you buy a really expensive home. Now, if you work in NoVa, then it makes sense to move there. I'm sure some people will say that it's worth it for their kids' education, but I'm not buying it. I don't think most people would do it. It's all talk, kind of like how some people said they would move to Canada if Trump was elected. I get it. I was one of those who wanted to move after Trump was elected, but reality is far different from "I wish...". So, I'm not worried that there will be a mass exodus of wealthy people moving to NoVa or HoCo. I can see some staying put and going private, which goes back to how that benefits the public school kids.[/quote] There is no comparison between moving to VA or Canada. One requires a move 10-20 minutes away, where you can keep your same job and probably comparable commute. The other involves entirely uprooting your life, dealing with visa issues, possibly dealing with new national licensing requirements, finding a new job, etc. Almost no one will actually move to Canada -- plenty of people will move to VA if the disparity becomes too large. (You could have far higher national taxes without having many people leave; you don't have that luxury on the state level.) As people moving to Bethesda for the commute/homes, that's true. But you can get the same in VA. The fact that VA homes now are more expensive is proving the point. Many people who are able to afford more expensive houses are choosing VA. Even if that means some current MD residents will choose not to move, it will overtime lead to homes in MD being less valuable, which reduces property taxes. And less expensive homes are purchased by people with lower incomes, meaning income tax rates will be reduced as well. [/quote]
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