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Started By
Message
re: People who live in exclusive, high dollar, fancy neighborhoods
Posted on 8/20/14 at 12:16 pm to artompkins
Posted on 8/20/14 at 12:16 pm to artompkins
quote:
I have a cousin who is a lawyer in Dallas and he went to SMU. He lives in Highland Park and brings makes 800K a year. He told me just last week after his mortgage, cars and private school tuition for his kids and credit card bills he has about $2000 a month in disposable income and they don't really have much at all in savings or retirement.
He is paying about twenty grand or more in property taxes and not utilizing one of the best school systems in Texas that would be free of charge. Tuition for two is probably running him what, thirty, forty grand per year?
He probably drives an S65 AMG - wonder if he flinched at the quarter million price tag or if he just got hard spending that much money on a car that will take him to work and to Rex's so he can pick up his sushi grade fish, undoubtedly prepared by his Brazilian Au Pair.
This post was edited on 8/20/14 at 12:17 pm
2
Posted on 8/20/14 at 12:18 pm to goldennugget
or commit fraud.
Posted on 8/20/14 at 12:22 pm to CorkSoaker
quote:
You sound jelly
this X 10000.
Posted on 8/20/14 at 12:24 pm to goldennugget
It's amazing how much money people will spend just to avoid living near black people
Posted on 8/20/14 at 12:25 pm to goldennugget
There are some like that and some that are better off, just like every neighborhood. I know at least a couple of people making $300k and living paycheck to paycheck.
Posted on 8/20/14 at 12:26 pm to deltaland
quote:
It's amazing how much money people will spend just to avoid living near black people
If one believes the premise of your statement, I'm sure the residents of Ferguson, MO. feel its worth every penny.
Posted on 8/20/14 at 12:27 pm to tigerinthebueche
Don't scare the fish away please
Posted on 8/20/14 at 12:32 pm to LoveThatMoney
quote:
I know at least a couple of people making $300k and living paycheck to paycheck.
yep. All depends on their spending/savings habit or lack thereof.
Posted on 8/20/14 at 12:32 pm to goldennugget
I drive through an area covered with million dollar plus homes every day, and have been doing do so for years, I have noticed when the economy takes a downturn the most expensive house are the first ones to go up for sale, and have the largest number of house for sale. You would think that if a person bought a house at that price they would have enough money to weather a economic slow down, but it doesn't so to be the case.
Posted on 8/20/14 at 12:32 pm to artompkins
quote:
artompkins
Your cousin has what are called the Golden Handcuffs big time.
Posted on 8/20/14 at 12:34 pm to The Third Leg
quote:
He is paying about twenty grand or more in property taxes and not utilizing one of the best school systems in Texas that would be free of charge. Tuition for two is probably running him what, thirty, forty grand per year? He probably drives an S65 AMG - wonder if he flinched at the quarter million price tag or if he just got hard spending that much money on a car that will take him to work and to Rex's so he can pick up his sushi grade fish, undoubtedly prepared by his Brazilian Au Pair.
He won't admit it but I think a huge chunk is spent on his wife who is ultra high maintenance. He bought his house in early 2008 so there's no way he can sell it.
Posted on 8/20/14 at 12:35 pm to Count Chocula
Count don't make fun of me but I went look at a house in RR earlier this week 
If I buy does it mean we can't hang out?
If I buy does it mean we can't hang out?
Posted on 8/20/14 at 12:37 pm to artompkins
quote:
He won't admit it but I think a huge chunk is spent on his wife who is ultra high maintenance.
This is the problem with a lot of families. The wife or kids or, I suppose occasionally, the husband, gets so used to a certain lifestyle and then want more. It is already happening to me. I am currently busy stamping those little embers out.
Posted on 8/20/14 at 12:38 pm to LoveThatMoney
Some people don't know how to not spend money. It's a sickness.
Posted on 8/20/14 at 12:39 pm to yellowfin
quote:Go ahead... we can still hang out but you gotta listen to me trashing your neighbourhood constantly.
If I buy does it mean we can't hang out?
Posted on 8/20/14 at 12:39 pm to CorkSoaker
quote:
You sound jelly
Posted on 8/20/14 at 12:41 pm to Pettifogger
quote:
There is a lot of what you're referring to out there. It is just more commonly in in places like University Park or Lake Highlands or Frisco than somewhere like Highland Park.
As far as Dallas goes, this is the right answer. It's not so much the wealthiest part of town that you'd find this as in what you'd call the "second tier".
I know people in both Highland Park and Preston Hollow and I can guarantee you they aren't even CLOSE to hurting. Pretty sure the same is true for a town like Westlake. Places like that you don't bullshite your way into.
Posted on 8/20/14 at 12:42 pm to goldennugget
I'd be willing to bet that you will never find the answer to your question.
Posted on 8/20/14 at 12:47 pm to The Third Leg
quote:
That is not outrageous considering the types of people your kids will grow up around
Douchebags?
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