| The $4 million Mclean mansion thread left me wondering which neighborhoods in the DC area is considered old money. Can anybody tell me? |
| You couldn't pay me to live in McLean. |
Great Falls/22066 and McLean/22101 are the two most expensive zip codes in the entire DC area, so no one will pay you to live there. It works the other way around. |
Who cares? McLean is home to many successful people who may or may not have inherited wealth. If your name is Mars, you might be "old money." If your name is Case, it might be "new money." The focus on old money is silly. If someone asked about schools for the kids attended only by the children of families in the Social Register, they'd be scorned. Same should apply to neighborhoods. The most you really can do is find out where old houses are located and, even then, there are plenty of people with "new money" who buy old homes in Georgetown or Chevy Chase to try and pass themselves off as "old money." |
| Old money means something where a good number of families stay in the city for generations. Not so true of Washington. Lots of money, lots of older houses, but far too many transient families to have established old money. |
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| Potomac, CCMD, Cleveland Park, parts of Bethesda are all old money magnets. |
So its okay all around, I guess? I also don't care for McLean - though I suppose you could pay me to live there - I would not need THAT much $$ to offset the negatives But that is academic, as it happens.
BTW< you mean most expensize zips in terms of price per unit, right? Not price per sq foot? |
Great Falls and Middleburg are far more "old money" magnets than any of these places. |
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Hahahah. McLean. The money there is so new you can see the jack lee signature on the bills.
DC is old money. |
Correct. Most residential buyers focus on how much they have and are prepared to spend total, not price per square foot. |
Who are you kidding? DC is mostly poor and the money there is mostly new and came out of the pockets of taxpayers in Iowa. You could round up all the old money in DC and it would take up two blocks in Locust Valley. |
| DC was burned to the ground during the riots , the old money left before then. |
You are fucking stupid. Drive through 20008, 20007 and 20016 and then knock on some of the doors of the old wasps that ran the OSS or built the Giant chain. You don't know shit. |
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it. |