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Real Estate
Reply to "We're middle-class - do we buy in the rich or poor school district?"
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[quote=Anonymous][quote=Anonymous]You would be surprised by how many of those "wealthy" people are just getting by month to month. Don't let the fancy car and big house fool you. We seem to be in the same boat as you and bought a hosue many years ago in "the wealthy area" We save a lot and live within our means, drive old cars, go camping instead of going to other countries for vacation, we go go skiiing locally instead of out west and it works. It tunrs out one of my "wealthy" friends is on the verge of lsoing it all because they can't afford the liefstyle they live and I am sure she is not alone. I guess it tunrs out we are the wealthy ones but you would never know it. [/quote] I haven't found this to be the case at all. Most of my wealthy friends and neighbors are genuinely wealthy. (law partners, lobbyists and of course, family money). Plus, it really doesn't matter how much $$ people in these neighborhoods really have, it's the way they spend it and the lifestyle they live that make some of us feel like fish out of water. I come from a very middle class household and now live in a close in Bethesda. Regardless of whether my neighbors earn, borrow or steal their money they still live at a level that I didn't when growing up, can't afford for my children now and ultimately don't value. I often wish we had purchased in Silver Spring or somewhere farther out. I miss economic diversity. [/quote]
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