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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yup.  Sounds like family money.  Enjoy the fruits of your own labor and don't worry about what other's have handed to them.  For all you know they're living above their means.

I grew up in an affluent suburb in the south (people had multiple houses, private planes, etc.).  After the recession it became clear who was really treading water the whole time.  One of my mom's super rich SAHM friends is now cleaning houses in her 60s and renting a small house with her husband who will probably be working until he's 90.[/quote]

Whoa!!! Man I'm always fascinated by stories like this , not out of voyeurism but to understand how goes from top to bottom so fast.[/quote]

I know two women at church who were members of the fanciest local clubs, with houses, cars, vacations to match. Then the recession hit and their husband's businesses went bust. Turns out the businesses were paying for everything. They're now being supported by their kids.
Also, really lavish real estate being purchased by new immigrants always suggests to me that dubious money from outside the country is being parked in the US. This is certainly an issue in NYC.[/quote]

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