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Reply to "Why is everyone here so rich "
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[quote=Anonymous] 1. Never assume people are lying, unless it's short, tongue-in-cheek reply. They have no incentive to lie on an anonymous message board. But there is self-selecting reporting. Wealthy people will tend to answer questions about wealth. 2. You can live well on 300K HHI in this area. I live on less than half of that, with a stay at home spouse, and we've raised two kids in Bethesda, one of which is now in college. 3. Most people here are dependent on income to power their lifestyle. There is a difference between high income and high-value assets. This is not a generational wealth area for the most part. However, some people do have family help in the form of downpayments for their homes, private school tuition for their kids, travel, inheritance, etc. Others are self-made business or tech people, or savvy/lucky investors. We are in that latter category.[/quote]
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