Originally Posted by
hubcyclist
There's a townhouse right up the street from me here for $350k, and you'll be locked into a great school district. Sadly, we rent ours and have little desire to buy and tie ourselves to property, we used to live in the midwest in a major metro area and paid $150k for a nice house out there, easily worth $500k or more in some areas here, and we still took a 10% loss when we sold in 2012.
When I lived in Boston a few years back people told me that living near good schools was meaningless because they still did random lottery and busing, so no matter if you lived next to a school, your kids might not go there. Is that no longer the case? Of course, suburbs might be a different story, but the people telling me this lived in Back Ban and on Beacon Hill and places like that downtown.
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Bikes: 1996 Eddy Merckx Titanium EX, 1989/90 Colnago Super(issimo?) Piu(?), 1990 Concorde Aquila(hit by car while riding), others in build queue "when I get the time"