Anonymous
Post 02/12/2018 08:14     Subject: What kind of people live in houses that cost over $3 million?

Homes in our neighborhood range from 1.5-5m. On the lower end are the attorneys, doctors, consultants, higher end are business owners and at least one professional athlete. Some attorneys are higher end, but the vast majority own their own business.
Anonymous
Post 02/12/2018 07:45     Subject: What kind of people live in houses that cost over $3 million?

Anonymous wrote:My sister would be one, her husband is a hedge fund bigwig and she runs her own small business. They have 4 homes and what can I say they like and can afford the good life. For me personally it would be way too much upkeep but we enjoy the fringe benefits about being family and getting to enjoy them too but being able to walk away at the end of a stay is kind of nice too.


Are the homes purely vacation homes? I'm curious because because we have 5 homes in different parts of the country but we rent them because we just can't be everywhere at once and frankly I feel like it's not the best use of homes to just let them sit there empty. We do try to go out to the homes every once in a while but I don't want to spend/waste money on staff, gardener, etc if absolutely no one is there. Just wondering what people with multiple homes do
Anonymous
Post 02/12/2018 07:23     Subject: What kind of people live in houses that cost over $3 million?

New money. I hit big with bitcoin, cash out and live in a $5M house with 50M left in the bank.
Anonymous
Post 02/12/2018 07:17     Subject: What kind of people live in houses that cost over $3 million?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Old money. I live on a street of predominantly $3m+ houses. The houses were not bought with funds earned by the inhabitants (except ours).

And you would not believe the petty drama that can ensue when no one one your street has a damn thing to do! It's a scene from another era. Reminds me of that movie The Help.


Why is everyone on your street talking about the source of their $? Odd


I don’t see why you think people are talking about the source of their money. It’s fairly obvious when someone’s wealth is generational rather than earned. It doesn’t require extensive discussion.


Not the Pp, but it usually looks like this:
SAHM with husband who has no real major professional accomplishments but expensive education. Family is not super-show-offy, but in no way could the husband's piddly job support the lifestyle they lead - which usually involves 3 or more kids in private school k-12 (and the $3m house).
Anonymous
Post 02/12/2018 06:35     Subject: What kind of people live in houses that cost over $3 million?

Alex Ovechkin
Anonymous
Post 02/12/2018 05:34     Subject: What kind of people live in houses that cost over $3 million?

Anonymous wrote:
Anonymous wrote:Old money. I live on a street of predominantly $3m+ houses. The houses were not bought with funds earned by the inhabitants (except ours).

And you would not believe the petty drama that can ensue when no one one your street has a damn thing to do! It's a scene from another era. Reminds me of that movie The Help.


Why is everyone on your street talking about the source of their $? Odd


I don’t see why you think people are talking about the source of their money. It’s fairly obvious when someone’s wealth is generational rather than earned. It doesn’t require extensive discussion.
Anonymous
Post 02/12/2018 03:02     Subject: What kind of people live in houses that cost over $3 million?

Anonymous wrote:Old money. I live on a street of predominantly $3m+ houses. The houses were not bought with funds earned by the inhabitants (except ours).

And you would not believe the petty drama that can ensue when no one one your street has a damn thing to do! It's a scene from another era. Reminds me of that movie The Help.


Why is everyone on your street talking about the source of their $? Odd
Anonymous
Post 02/12/2018 00:52     Subject: What kind of people live in houses that cost over $3 million?

Old money. I live on a street of predominantly $3m+ houses. The houses were not bought with funds earned by the inhabitants (except ours).

And you would not believe the petty drama that can ensue when no one one your street has a damn thing to do! It's a scene from another era. Reminds me of that movie The Help.
Anonymous
Post 02/11/2018 23:41     Subject: Re:What kind of people live in houses that cost over $3 million?

Business owners. I own an IT business and our house is $3-3.5. My friends at similar income levels are mostly business owners also, no lawyers, and one in finance. It could just be the crowd I hang around with.
Anonymous
Post 02/11/2018 23:31     Subject: What kind of people live in houses that cost over $3 million?

My sister would be one, her husband is a hedge fund bigwig and she runs her own small business. They have 4 homes and what can I say they like and can afford the good life. For me personally it would be way too much upkeep but we enjoy the fringe benefits about being family and getting to enjoy them too but being able to walk away at the end of a stay is kind of nice too.
Anonymous
Post 02/11/2018 23:29     Subject: What kind of people live in houses that cost over $3 million?

We can probably close this thread down now. All bases have been covered.
Anonymous
Post 02/11/2018 23:18     Subject: What kind of people live in houses that cost over $3 million?

Finance types, TV talking heads, law partners- just your run of the mill high-income folks.
Anonymous
Post 02/11/2018 22:20     Subject: What kind of people live in houses that cost over $3 million?

People who have a lot of money.
Anonymous
Post 02/11/2018 22:19     Subject: What kind of people live in houses that cost over $3 million?

May not be income. May just be wealth. Homes like that typically don’t have mortgages.
Anonymous
Post 02/11/2018 22:18     Subject: What kind of people live in houses that cost over $3 million?

Genuinely curious what professions earn that kind of income. Law partners, surgeons and finance folks?