...Krugmen used to write about the train, as an Ivy League Professor of Economics & cabinet member to the President. Just the very idea that you would make such a preposterous statement in complete ignorance of Real Estate development - either side of the river - makes it pretty clear you don't know what you're talking about from personal experience. Neither do I. But it helps not to be shallow & stupid.
Who cares about "rich"? Anybody with a credit card to abuse or a good eye for thrift store finds can fake it.
Wealth means you read Bonfire of the Vanities because it is Cannon & you're well educated. You can appreciate the irony. Bringing tennis shoes to come home in is what wealthy people who remember 2001/a small number of other blackouts do because they've lived through it & they're sensible.