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The New DU. Reply #2: They're affluent, not wealthy. Wealthy people wouldn't notice somebody with a 1.15 million home.
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Selatius
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Thu Jan-17-08 05:19 PM
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| 2. They're affluent, not wealthy. Wealthy people wouldn't notice somebody with a 1.15 million home. |
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Maybe if you had a net worth 10 million or higher, you might be noticed. Otherwise, they would laugh at you if you claimed to be rich like they are. A typical Wall Street hedgefund manager can walk home with 10 million each year if not higher. Those people are not affected by the housing slump because of the sheer size of their wealth.
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