Anonymous wrote:

Anonymous wrote:Certain developments in Bethesda and Chevy Chase had restrictive covenants that prevented sales to Jews (and Black people, I think). This was true in Kenwood, and in developments built by WC and AN Miller. I live in Kenwood Park, which was developed in the 1950s as a subdivision that would sell to Jews. Many original owners, including the people we bought from 20+ years ago, were Jewish.

Kenwood, AU Park, Chevy Chase - ya most of what was developed in the Jim Crow/early 20th century had convenants restricting non-Christians and blacks.

Anonymous wrote:

Anonymous wrote:White flight? LOL! Have you been there lately. I mean, it was overrun by all of those brown people.

"Overrun by all of those brown people" What kind of language are you using? What do you mean? So brown people over run neighborhoods? I do not know who you are but you need to do some self reflection on your terms and ideas about people of color.

Anonymous wrote:White flight? LOL! Have you been there lately. I mean, it was overrun by all of those brown people.

Anonymous wrote:what exactly is old money?

i do not consider myself old money. my grandpa was middle management for a large company went to a state school, never earned much, will die with $4mm+, will pass on $1mm to 4 grandchildren. parents are from the south, went to state schools, sent me to private school then ivy, they're worth about $10mm, will pass on $5mm to two children. we are a two career family, make $500K in our 30's and live in one of the above cities, should eventually be quite wealthy

I've never belonged to a country club, my ancestors didn't come on the mayflower, and if you go back a generation beyond the grandparents, you'll get small time farmers and such. so yea, defintely not old money. I am a white anglo saxon protestant. i've enjoyed loads of privilege, but not old money.

assuming i don't screw things up or death duties don't become too severe, each generation should get wealthier over time. this should continue and eventually maybe some generation (my future grandkids???) will be considered old money? but is old money measured in generations (ie you're old money if your family has been wealthy for 5 generations) or is it measured by some absolute unmoving metric that is unattainable (ie you're old money if your family was wealthy in 1800/1900/1950). is it some absolute dollar number maintained over a number of generations (you're old money if you have $10mm for 10 generations?)

Anonymous wrote:Certain developments in Bethesda and Chevy Chase had restrictive covenants that prevented sales to Jews (and Black people, I think). This was true in Kenwood, and in developments built by WC and AN Miller. I live in Kenwood Park, which was developed in the 1950s as a subdivision that would sell to Jews. Many original owners, including the people we bought from 20+ years ago, were Jewish.

Anonymous wrote:ha, i deserve that. my point is i feel like the "generally wealthy" class of people has gotten much larger than some "his grandpa was an astor/vanderbilt/whatever" group of WASPs that it seems like "old money" isn't really a meaningful thing

but maybe I just don't traffic in the right circles

Anonymous wrote:what exactly is old money?

i do not consider myself old money. my grandpa was middle management for a large company went to a state school, never earned much, will die with $4mm+, will pass on $1mm to 4 grandchildren. parents are from the south, went to state schools, sent me to private school then ivy, they're worth about $10mm, will pass on $5mm to two children. we are a two career family, make $500K in our 30's and live in one of the above cities, should eventually be quite wealthy

I've never belonged to a country club, my ancestors didn't come on the mayflower, and if you go back a generation beyond the grandparents, you'll get small time farmers and such. so yea, defintely not old money. I am a white anglo saxon protestant. i've enjoyed loads of privilege, but not old money.

assuming i don't screw things up or death duties don't become too severe, each generation should get wealthier over time. this should continue and eventually maybe some generation (my future grandkids???) will be considered old money? but is old money measured in generations (ie you're old money if your family has been wealthy for 5 generations) or is it measured by some absolute unmoving metric that is unattainable (ie you're old money if your family was wealthy in 1800/1900/1950). is it some absolute dollar number maintained over a number of generations (you're old money if you have $10mm for 10 generations?)