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Reply to "Do you know a lot of people with family money in NW DC?"
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[quote=Anonymous][quote=Anonymous]I feel like regardless of how I meet people they all have significant family money around here. I met most of my friends when our kids were young (they're now all around k-2) and it seems like every one of my friends is trading their million dollar starter home for the 1.8 million dollar "kids are bigger and we need more space" home. They're all single income families where the husband works as a government lawyer or is an IT guy for the government or a mid level associate for a government contractor and they owned their current (first) home for less than 5 years. It's just crazy because I've met my friends in all sorts of avenues in DC---mom's groups, preschool, church--and yet their finances are all similar, down to a person (I'm talking about several dozen women). Decent but not great single salary, SAHM and a really fantastic lifestyle. Have you found this to be the case? I've lived in several other major urban areas but I've never been so surrounded by family money as I am here. [/quote] The average HHI in most of Ward 3 is well below surrounding areas in Bethesda, Chevy Chase, McLean, and N. Arlington. So the answer is for every 2 million house in DC there are 10 in Chevy Chase.[/quote]
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