I like YH’s question.. practical question — “When my son goes to college, Should I cash out the RegoPark studio to help him pay for an Ivy-league degree, or let him keep the property?”

YH feels the cash-out route is not great ROI. YH felt that with a prestigious degree his son may be able to earn a bit higher, but those kids from lesser-known colleges also have some opportunities, possibly fewer. The house, if not sold, can help relieve the housing pain when he starts working in the tri-state region.

The house may appreciate over 4 years.

https://tanbinvest.dreamhosters.com/2019/01/07/spending-250k-on-top-college-but-your-kids-arent-more-success-than-his-colleagues/ is a blog I wrote on a related topic.