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Reply to "Does it seem like the #1 signal of wealth is a summer/weekend home?"
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[quote=Anonymous]Most people I know/have known with summer homes inherited them and they have been in the family for generations. Most are in Maine, Martha's Vineyard, Fire Island, the Cape, etc. They are from wealthy families where the wealth goes back several or more generations. The people I've known who buy second homes as adults don't buy in those locations, but that might be a function of the region where I grew up/went to college versus? [/quote]
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