AN
My comment was not a knock on MM but rather a reference to the area you follow like a hawk and base your conclusions on. I also suspect the schools you are referencing are in Northwest MM (more the exception than the rule in MM) which are probably alot further from penciling than the SE MM homes which already do.
In case you missed it, I clarified my post which was admittedly not clear. While some homes rent vs by made sense in my area in 1997 (I bought one) homes like the one we are discussing never did. Bigger nicer homes rarely cash flow and probably wont in NW MM either. The homes which cash flow are small, low end properties like 3BR/2BA 1100 sq ft homes in SE MM.
Lastly the school for that home is OPE (Olivehain Pioneer and the API score is 931. 40 points is a big margin. Its the difference between very good schools and the creme of the crop. People who can afford it will overpay for the best…. always have and always will. It’s part of the ownership premium for an area like this.
BTW, I have great respect for your culture as they place a huge emphasis on education and value it greatly like my own.
