'Pure anger': School zone changes have parents worried about property prices

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Parents and real estate industry experts fear property prices could fall in suburbs moved out of the zones for two of Adelaide's most sought after public schools.

 

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School enrolment should be based on a lottery where the closer you live to the school the more 'tickets' you are issued. This would take the heat out of the real estate speculation as location would no longer be a guarantee of a place in any given school.

State schools are *not* free. The admission price is payable to established owners of property in LOCATIONS served by those schools. The better the school, the higher the price. What the taxpayer giveth, the landlord or vendor taketh away.

It'll probably happen in Box Hill & Glen Waverley n Melbourne soon. Prices of property for sale/rent are astronomical in those High School zones, with schools already at capacity. Other schools in the area with lower student to teacher ratio & just as good results are overlooked

...so the parents are not worried about the fraud in the banking system, and banks spewing out 1.5 trillion in mortgage debt then ?

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