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by fjlunky
42 days ago
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I’m experiencing the same in New Zealand. In-zone houses for high-performing public schools are more expensive than adjacent houses (I.e. out of zone) by almost exactly the amount of the local private school fees. House price scales with the number of bedrooms in the same way that private school fees scale with the number of children enrolled.
So the question is; is it more beneficial for the children to get the more expensive education or to inherit the more expensive property? Side note, “public school” here means state-owned and “private” means “owned by private individuals”, which I have heard is the opposite nomenclature to what’s used in the UK? |
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