Back in 2007, a year before our first child was born, we bought a house in what we knew to be a poor school district because the property taxes were very low and it was a 4 mile commute to work for me. The plan at the time was to sell and move after 5 years, before any kids were in school. Housing market immediately crashed and here we are 8½ years later, still without enough equity in the house to be able to afford a down payment on another house. Between the slight market recovery, and money we've been able to save since we became a two income family again almost a year ago, we expect to finally be able to move to the neighboring (and much better) school district next year, though our price range will be about 10-15% lower than what we had hoped.