Reply to Does it seem like the #1 signal of wealth is a summer/weekend home?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]no - the #1 signal of wealth is 3-4 kids while living in a tier 'a' city and sending them all the privates.

http://www.businessinsider.com/the-ultimate-status-symbol-is-a-big-family-2015-5

As tina fey said:

"I thought that raising an only child would be the norm in New York, but I’m pretty sure my daughter is the only child in her class without a sibling. All over Manhattan, large families have become a status symbol. Four beautiful children named after kings and pieces of fruit are a way of saying, “I can afford a four-bedroom apartment and a hundred and fifty thousand dollars in elementary-school tuition fees each year. How you livin’?”"[/quote]

In my experience, 99% of the time that signals a significant estate via the grandparents or parents, not independent wealth.[/quote]

+1  People with weekend/country homes that I know are typically white and far from the immigrant experience and have had a "place by the shore" left to them by dear old Gramps.
"[/quote]

That's how I got mine.  It's my grandparents home.  They have passed away.  My mom was a single mom and no way to care for us during the summer so we got sent to grandma and grandpa for the summer.  They left the house to my brother and I.  Grandpa bought the land in the 50s and built the house in the 60s.  When it was built, is was the boondocks.  I remember being able to ride my bike for miles down the beach road.  Now its a very in place to summer, very touristy, and very built up.   I hate it now.  It's a really long drive with a lot of traffic.  The property taxes are crazy.  We don't rent it out and we don't use it very much.  At some point we need to sell it but it has too much sentimental value.  Oh, and it has the added bonus of no A/C.  Grandpa always said to open a window and feel the breeze.  There is no damn breeze![/quote]

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