Wake Schools Affecting Real Estate Market? (house, neighborhood, purchase)

[MikeJaquish]

Wake student assignment plan fuels anxiety - Education - NewsObserver.com

[kelly237]

Its already affecting my sale.

Family is worried because they cannot apply until their address
is official which will be past application dates.

I don't know the details but it seems that people moving in the summer will get the leftovers..

[lamishra]

I can imagine! It's nerve wracking enough for current residents, I can't imagine trying to navigate it as a newcomer.

[boocake]

You know, I can see this plan hurting in some areas but also helping. My neighborhood near North Hills was, under the old plan, zoned for a terrible school, and I think home values remained low because of that despite the good location. Now, based on my proximity list, there is a good chance of getting into much better schools, so I could see it helping here. The problem is that this plan affects the most affluent citizens the most, because they can no longer purchase in high income, wealthy areas and be "Guaranteed" the best school. And typically, when the wealthy are harmed, they find a way to change it. So I don't see this plan sticking around long.

[evaofnc]

I kind of remember reading an article months ago where real estate agents predicted exactly what's currently happening thanks to this new plan. I'm so thankful we won't be selling our house for years. Hopefully by then they'll have worked things out

"More than 95 percent of people will be satisfied with the new plan," school board member John Tedesco said. "You're not going to be able to satisfy every parent in a system with 150,000 students."

I can also pull statistics out of thin air

[CHTransplant]

Originally Posted by evaofnc

I can also pull statistics out of thin air

It's an accepted statistical fact that 72% of statistics are made up 48% of the time.

[toot68]

Originally Posted by evaofnc

I kind of remember reading an article months ago where real estate agents predicted exactly what's currently happening thanks to this new plan. I'm so thankful we won't be selling our house for years. Hopefully by then they'll have worked things out



I can also pull statistics out of thin air

The Tedesco quote is priceless. It also describes the opinions of the public before they came to power.

[MikeJaquish]

Originally Posted by CHTransplant

It's an accepted statistical fact that 72% of statistics are made up 48% of the time.

I believe that research actually shows that 48% of statistics are made up 72% of the time.

[Beermat]

Originally Posted by evaofnc

I can also pull statistics out of thin air

Tedesco claims 95% are satisfied because only 5% elected to make a different choice to current school. As they say "lies, damn lies and statistics"

[lamishra]

Originally Posted by Beermat

Tedesco claims 95% are satisfied because only 5% elected to make a different choice to current school. As they say "lies, damn lies and statistics"

Interesting, I thought I read that 15% had already requested a change for next year, which was above the board's estimated 5%.