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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I went to one of the Texas schools you mention and can tell you, there's a huge, wide range of wealth.  Yes, there are many billionaires and multimillionaires in the state (and in the South); however, there is also a huge phenomenon of what I've heard called the &quot;$200,000 millionaires.&quot;  Meaning, people who make around $200K, probably a little more, and live like they're really wealthy.  For example, growing up, our neighbor's house was worth about $500K (probably worth about $1.2M now), but he owned three Ferraris.  Perhaps he bought a much cheaper house than he could afford, but seeing this kind of thing was pretty common.  
[/quote]

I live in Dallas, and while the $200k millionaire makes sense, the thing you hear more often is the $30k millionaire. Totally a different thing, but the $30k millionaire is the one you hear about most down here. Young, preppy, douchey people who make 30k at their first job out of school and are living high on the hog either supported by mommy & daddy or racking up debt.

I will say, I'm a transplant from Chicago to Dallas, and the Dallas area is for SURE more flashy. Much more conspicuous consumption, more mid-range luxury cars on the road than I've ever seen anywhere else (so many Lexus SUVs it will be hard to find yours in a parking lot - no joke), more shopping, more eating out, etc.

Now, it is completely dependent on which areas you live in, and of course any city is like that to an extent. But it is much more widespread in the Dallas area.

For the poster from Plano, I'm in a suburb right next to you - maybe we should start a DFWUM! There certainly would be no shortage of discussion topics. The city-data boards are decently active for Dallas but the overall experience is nothing like DCUM. [/quote]

Allen?  Frisco?[/quote]

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