“There’s so much money now it’s nauseating. I’m a 1-percenter. But I bear no resemblance to these people.”
was strolling down East Hampton’s main beach one recent morning when something unusual caught her eye. “I looked down, as I’m always looking for sea glass,” said Wald, who has spent summers on the East End since she was six, “and there was a perfect crisp $50 bill on the shore. I thought, Only in the Hamptons.”
Given this summer’s crushing crowds, the Amagansett homeowner said she has to “work at relaxing,” and that the town is “a different place now. It’s the age of entitlement.”said that while prices on the South Fork of Long Island are generally high, lately things have gotten ridiculous, pricing out younger people with less disposable income.
One 25-year-old told me she pooled her money with about 30 friends and friends of friends to get a house in Montauk for a month. And her $3,000 contribution for housing is nothing compared to what young people are spending at clubs. “Tables are absurd,” she said. “I’ve had friends who have ended the night with $7,000 bar bills.” She said one night she spent $60 on a one-mile Uber trip home.
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