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To: RealMuLan who wrote (19843)12/29/2004 8:24:55 PM
From: benwood  Respond to of 116555
 
Around Seattle, public education has been on a slight uptrend in quality. You're right, the fixed costs of education continue to rise, but that's primarily because, like medicine & construction, teaching is a manpower intensive endeavor and so has suffered higher than average inflation as salaries rise to stay competitive with fields in which productivity gains have been more prominent. Teaching salaries around Seattle actually have generally *not* kept pace with inflation (not even the dumbed down CPI), and as a result, retention, esp. with administrators, is very poor. Yet the forecast for the next two years is severe financial shortages in the city school system.

Yes, the old property tax bill is getting pretty big. I would expect that in 15 years when I retire early <g> my property tax will be $600/month. I'll probably want half that for my health insurance premium and so will have a big incentive to move to a less burdened area.