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[quote=Anonymous]Within every income bracket there are some people who live beyond their means. It's temperament and habits.
But I think the DMV has less of them than other HCOL areas I have lived because this area tends to attract dual income households that are highly educated, Type A organized professionals.  There are fewer of the hustler, entrepreneurial fake it til you make it style folks or people riding on the fumes of family money types here--in my experiences those are the people who visibly live beyond their means--and sometimes it catches up with them and sometimes it doesn't.

The people who I find might be sort of living beyond their means here are those whose careers don't have much upward mobility but are tied to DC in some way and their basic housing and child expenses are stretching them too thin to pay for retirement. But they aren't typically "living large" here, their kids go to public schools and in-state colleges, they take less expensive vacations, etc--and they will likely sell their house when they retire and move to a LCOL area and live a similar (or even better) lifestyle there.[/quote]

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