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re: What state in America do you most associate with “old money”?
Posted on 4/15/24 at 9:28 pm to HailHailtoMichigan!
Posted on 4/15/24 at 9:28 pm to HailHailtoMichigan!
quote:
Another way to ask this question, I guess: what state has the fewest white trash families per capita?
This is a completely different question. Old money tends to live and have lived in enclaves.
For example Chevy Chase in Maryland, Haverford in Pennsylvania, and Short Hills in New Jersey. The states as a whole have plenty of white trash but those little areas have been traditionally filled with people who have multi-generational wealth which in and of itself does not exempt them from being trash either.
Posted on 4/16/24 at 11:39 am to Obtuse1
quote:
This is a completely different question. Old money tends to live and have lived in enclaves.
Yep. Places like Beacon Hill, Lake Forest, Philadelphia "main line", upper East side of Manhattan, River Oaks, Highland Park, etc. tends to feature a larger proportion of "inherited wealth" from at least 2-3 generations ago than other affluent areas.
In the northern towns like Philly, New York, Boston, and Chicago..... it is often wealth generated as far back as the mid/late 1800s.
I grew up in a blue collar metro area that didn't really explode in growth until the 20th century (Baton Rouge). So being mildly exposed to some "old money" people was absolutely mind blowing to me when I moved up north.
Meanwhile, most of the well off people in Texas/Louisiana/Oklahoma are no more than 1-2 generations removed from poor white trash.
There aren't as many of these old money enclaves in the south for obvious reasons. Most southern cities are newer, with less developed industry. They exist in almost every southern city, but they are smaller and fewer/farther between. And like the California money - most of these wealthy southern enclaves are considered "new money" by Yankee standards.
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