Are you a status junkie, obsessed with luxury labels like Ralph Lauren or David Yurman? Chances are you live in an area of high income inequality, at least according to a study published last month in the journal Psychological Science.
In the course of the study, researchers tracked the states with the highest income inequality. Perhaps unsurprisingly the list of the most unequal states skewed towards the East Coast, and included New York and Connecticut; Alabama and Mississippi also ranked highly.
Why Living Near Rich People Might Make You Overspend on Luxe Labels
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