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Reply to "Anyone rich ever consider leaving the rat race"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Olney/Brookeville has wealthy families without the rat race. [/quote] I’m the poster who left and always thinks about coming back and Olney/Brookeville is exactly where I keep getting drawn to. Can you tell me more about the vibe there?[/quote] It has the wealth of Potomac/Bethesda/CC without the striver element. It’s a mix of UMC to affluent families with very little (hardly any, really) low income housing. No metro, so minimal issues with riff raff. Plenty of UMC families still use public schools. Others use the local privates or schlep down county or into DC for private (mostly legacies). Lots of second or third generation locals who love the old school, small town way of life. Diverse racially/ethnically but not socioeconomically. (Again: no real low income housing; few rentals). Sports are big. Some kids ride horses. Lots of families with beach houses and money, but you rarely see designer or showy accessories. I think a lot of MoCo locals strategically moved out here to avoid the rat race and the pressure it imposes on all facets of life. And some moved out here because they no longer recognize parts of down county that have changed too much. [/quote] :roll: What is the "rat race" for the wealthy people exactly? Can you please describe what someone with many millions in NW would be suffering if living in Bethesda/Potomac/Mclean/GF/CC/Arlington exactly? Keeping up with who if you are already loaded? [/quote] Getting into the best private schools Doing a million sports and extracurriculars and test prep/private tutors to ensure admission to the best college Prestigious camps (think: sailing camp in NE) Interior designers who help you redecorate and renovate periodically (far more regularly than necessary) Making sure your kids have the best clothes, go to the best concerts, drive the best cars, etc. Taking the best vacations Poor mom must be skinny, have gorgeous skin and hair, wear the best clothes, etc. For whatever reason, the dc metro area lacks a critical mass of old money families who know better than being flashy, so we are forced to endure the rat race perpetuated by greenhorns in the close in fancy burbs. [/quote] This is idiotic. You could make these choices anywhere. There is nothing unique about the DMV forcing you to make these choices, and they are indeed choices.[/quote] Sigh Let me ‘splain this to you, Lucy. Certain dc metro area communities are filled with affluent strivers who relish the rat race while other areas attract people who want a simpler life. People in McLean/ Great Falls are keeping up with the Joneses. People who live in Olney/Brookeville aren’t. Both have money. They just have different priorities. [/quote] 1) Affluent striver communities aren't unique to DC metro 2) people who buy into certain circles and try to keep up with the upper limit wealth in their area (given that there are ranges from LMC to UC in EVERY single suburb incl. Mclean and GF) will be likely to seek similar communities if they move. It's personality. In other words, wherever you go, there you are. I know a wealthy couple who moved from a VHCOL west coast suburb to Nashville only to lead similar lifestyle, e.g. they found their own circle with similar values there too. Literally nothing has changed for these people in the way they behave, consume or dress/look. I think their finances had taken some dive, it's why they decided to "quit the rat race" by simply moving it to a lower COL location where they can continue enjoying similar lifestyle of flashy consumption with lower funds. People often do not change, they want the same lifestyle they just stress about having to sacrifice to keep affording it. I don't see people someone described above making millions and prioritizing extreme luxury changing into humble "millionaires next door" :lol: [/quote]
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