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Poster Name:
RE: Treasurer

Poster Message:
There isn't old money in mississippi. Yes, Mississippi was the second richest state before the civil war (SC was 1st), but after the civil war the south suffered so did mississippi and neither went back. Yes some people have big houses because it's an investment but drive cheap cars. But there is a reason why those families you know have big houses and drive cheap cars...the houses are hand me downs. I am from Birmingham, and there is a town here called mountain brook and it's old money. Most houses are worth $1M plus, but they were built 60-80 years ago. Birmingham was known from Steel/Iron and was rich in the early 1900s. Those people in that industry then made a ton of money. The way it goes is when the grandparents die, their kids move in the big house in their 60s, then they die and their kids move in, etc. Seriously they make 30-40k a year, just have a big $1-2M hand me down house. Same thing with Belle Meade in Nashville. It's old money and hand me down houses. When houses go for sale there it's so over priced most people don't touch it. Birmingham doesn't have famous or super rich people but Nashville does and those people even though they can afford the Belle Meade/Mountain Brook they don't buy houses there because they know its over priced there isn't old money in mississippi. madison, ms (probably the richest part of the state) is fairly new. yes there are a few old big houses around the state, but it's very few and far between. With Belle Meade/Mountain Brook you can drive for 10-15mins and see all million dollar homes, you can't do that any where in this state