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Old 05-08-2015, 08:48 PM
 
78 posts, read 108,910 times
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Passed beautiful property on the way to Bayville and I'm wondering what these people do for a living to afford it.
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Old 05-08-2015, 09:10 PM
 
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Most are public school teachers, school officials, MTA/LIRR workers, police officers.

Pretty much overpaid LI government officials who are lucky enough to know the right people who can get them into the job.

Last edited by MemoryMaker; 05-08-2015 at 09:39 PM..
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Old 05-08-2015, 10:37 PM
 
Location: Long Island
9,933 posts, read 23,155,300 times
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Quote:
Originally Posted by redplanet321 View Post
Passed beautiful property on the way to Bayville and I'm wondering what these people do for a living to afford it.
There's a lot of old money in that area.
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Old 05-09-2015, 01:29 AM
 
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Lots of doctors in my neighborhood, including myself, since my hood is within the NSLIJ/ST Francis vicinity.
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Old 05-09-2015, 03:17 AM
 
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many do not do anything for a living that created their wealth. quite a few developed it passively as investors .

for most of us real wealth does not come from our pay checks. rather it comes from the little bits of our pay checks that we managed to invest and let decades of compounding work its magic on.

we earn more passively in some years than my wife and i added up do working.

those bits and pieces we managed to save are now supporting us as we retire.
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Old 05-09-2015, 05:19 AM
 
Location: Nassau County
5,292 posts, read 4,771,626 times
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Quote:
Originally Posted by redplanet321 View Post
Passed beautiful property on the way to Bayville and I'm wondering what these people do for a living to afford it.
Finance, top tier lawyers, successful buisness owners, corporate executives, lucky investors, inherited wealth etc.
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Old 05-09-2015, 05:43 AM
 
Location: under the beautiful Carolina blue
22,669 posts, read 36,798,199 times
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Same way they do everywhere else - look at peconic's post. The wealthy people I know here in NC are in high level sales/excutive positions, doctors, lawyers, business owners.
Lots of tech-y/pharma people here as opposed to finance/Wall Street types. Look at the popular business sector of any area and the high ranking people there will be the money makers.
Look at the "old money" areas. On Long Island it's the north shore of Nassau (down here it's a certain area of Raleigh).
No rich cops or teachers here though!
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Old 05-09-2015, 05:46 AM
 
106,671 posts, read 108,833,673 times
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everyone's idea of wealthy is different too. anyone with a paid off home in long island is considered wealthy by many yard sticks.
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Old 05-09-2015, 05:51 AM
 
Location: under the beautiful Carolina blue
22,669 posts, read 36,798,199 times
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Quote:
Originally Posted by mathjak107 View Post
everyone's idea of wealthy is different too. anyone with a paid off home in long island is considered wealthy by many yard sticks.
OP specifically mentioned the kind of house they probably don't build anymore, thinking Gold Coast-days-of-yore mansion.
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Old 05-09-2015, 06:59 AM
 
Location: Orange Virginia
814 posts, read 911,469 times
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won't find 150k a year teachers in Virginia either must be a long island thing
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