As mentioned in a previous blog post, Atlanta has some fine public schools. But, like most other cities, there are also those that are underperforming. This has a predictable effect on people’s behavior, both in terms of real estate as well as the attendance of the schools. Home buyers are attracted to the Intown Atlanta and Buckhead neighborhoods that have the best schools in Atlanta. This bolsters home values in those neighborhoods, but also leads to overcrowding in those schools. This overcrowding is exacerbated by the 61% surge of young professionals living in Intown Atlanta. In decades past, most young couples would move to the ‘burbs when they settled down. Now many of them are staying intown. Meanwhile, other schools end up under capacity. Simple solution; just move kids from the overcrowded schools to those that are under capacity, right? Not so fast.
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