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Reply to "Where does this notion come from that wealthy people don't drive nice cars?"
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[quote=Anonymous][quote=Anonymous]I live in Cap Hill. I bumped into a guy who was visiting from India for work and was looking around the neighborhood on behalf of a friend who planned to move to DC. He asked about housing prices, and I told him - mostly in the $1-$1.5 million range in our area. He looked at me, looked at the cars parked on the street - mostly Hondas and such - and said, "In India, people who pay that much for a house would all have much fancier cars." So yes, especially in certain neighborhoods, there are people who spend a much lower percentage of income on cars than they could afford.[/quote] If you're street parked in Capital Hill or Dupont or Old Town or Georgetown, it makes sense to have something that is 1. not that nice and 2. not large (so compact sedan or hatchback usually), because your car is going to get dinged by other people even if you are careful and great at parking, and because you'll want to fit the thing easily into street parking spots.[/quote]
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