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Old 03-02-2007, 08:02 PM
4 posts, read 43,866 times
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hi, can anyone tell me some of the wealthy/up-scale neighborhoods and towns in Georgia? i'm curious...

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Old 03-04-2007, 03:33 AM
4 posts, read 43,402 times
Reputation: 14
Default Wealth in Georgia

Around Atlanta Buckhead, Dunwoody and Fayetteville have a lot of real wealth. Gwinnett appears to have the heavily mortgaged kind of wealth. (a personal observation). Fayette County is/was home to many of the Delta pilots and other employees. In northeast Georgia around Lakes Seed, Rabun and Burton you will also find retirement/2nd homes highly priced. Atlanta metro area has a very large number of millionaires where you wouldn't suspect. On the northwest side of Georgia look around Big Canoe. In the middle of the state you'll find old weatlh in Macon. All around Macon are pine tree plantations owned by the paper companies and to the east of there are poorer counties controlled by companies with kaolin mining interests. On the coast, Savannah and areas like Skidaway Island and Saint Simons Island. Saint Mary's is an up and coming area but probably has a great deal of military retirees.
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Old 03-05-2007, 07:20 AM
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I'd have to agree with Lake Burton - those houses on that lake must start in the low 3's; some going well over 10M. Lake Rabun also has some expensive homes on it, but not quite like Lake Burton. I was talking to the owner of a grading company in Clayton who does some work in the Lake Burton area - one of the multi-million dollar mansions was owned by an English family who only uses it two weeks out of the year, has year round staff to care for it and other then letting friends use it occasionally, they just let it sit for the rest of the year. It's quite an aristocratic little area of NE Georgia.
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Old 03-05-2007, 08:26 AM
Location: a primitive state
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Interesting thing about Lake Burton, you can't actually own the property your home is standing on. You lease it from the power company. There are also strict regulations on the footprint size of your home there. I don't know if this practice has changed in recent years, probably has, but in the past, if someone purchased an older cabin on the lake they would get a permit, burn it down, and put the new, larger/taller home on its foundation.

I've been going there for most of my life, until I got too busy to make the trip up there conveniently. Doesn't make me aristocratic - just old and cranky.
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Old 03-05-2007, 10:55 AM
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Just a correction...According to a recent study and article in the Macon Telegraph, Monroe county is now the wealthiest county in the midstate, followed by Houston County....
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Old 03-05-2007, 11:03 AM
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Yep, something like 90% of the water front properties on Lakes Rabun and Burton are on 99 year leases from the power company. Actually, there are some pieces of waterfront land that you can own - I'm not sure how those pieces came about, but some people do actually own their property.

I'm not aristocratic either - just rent a pontoon boat a couple of times a year and troll around on Lake Burton for fun. I suppose though if I lived on the lake with in a mansion with a 3 boat boathouse with upstairs guestroom as a "getaway", you might have to call me Prince Prichard.
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Old 03-05-2007, 11:13 AM
Location: a primitive state
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If she could afford it, Queen Ellie's place would be far from public view. Might look a lot like a cabin that needs burning down.
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Old 03-05-2007, 07:42 PM
Location: West Cobb (formerly Vinings)
3,599 posts, read 5,363,423 times
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West Paces Ferry/Northside/Vinings/Smynings area (Smynings means the part of Vinings that has spilled into Smyrna).
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