Posted by GaryBusey on April 8, 2015, 8:17 am, in reply to "Re: The people have spoken"
We can only hope this sends the school district a very loud and clear message
The loudest message this sends is to homeowners with kids that have the means to move elsewhere.
Congrats, enjoy.
It can't be said any better than that. If you believe this won't have bad effects on your home value and neighborhood, wait two years and try selling your $100,000 home.
Maybe someone smarter than me can help me with the math. If I was going to pay $267 more a year on a $100,000 home that would cost me $2,670 more over a ten year period.
If on the other hand folks move out and sell for a lower than market value price, my property will decline in value based on what homes sell for in our area. I could lose as much as $10,000 in one year. Additionally what kind of people are going to buy my home and what will that do to the neighborhood.?
Again, to me it's just simple math but I'm sure many of you are much smarter and can explain it to me.