It doesn't matter what percentile in the US it is, when a 2 bedroom apartment is $3k+ and the average small house is $6k to rent.
Also. If you haven't been to a public school in California recently you really don't know what has changed. I went to public school all my life and then ended up in Berkeley. I'm 40. It was borderline negligent for my parents to send me there in my opinion as a kid knowing what I know now. But we were pretty hard up for money.
But if you told me, should someone lease two luxury cars or send their kid to private school.... You'd have to be nuts to think you'd gain more from the cars than the school.
Also. If you haven't been to a public school in California recently you really don't know what has changed. I went to public school all my life and then ended up in Berkeley. I'm 40. It was borderline negligent for my parents to send me there in my opinion as a kid knowing what I know now. But we were pretty hard up for money.
But if you told me, should someone lease two luxury cars or send their kid to private school.... You'd have to be nuts to think you'd gain more from the cars than the school.