My friend has a real and fake LV bag (different styles). She’s never tried to pass of her fake one as real, even though it could. She will openly tell you it’s fake, if asked. Ask about her real bag, and she’ll tell you it’s real. Since she’s honest with what’s real and fake, everybody believes her when she says her other luxury goods are real (they’re real, bought directly from the brands).
Honestly, most people here (live in NYC, grew up in New England) have other things to worry about than if someone’s bag and/or collection is real or fake. People who do either have too much time on their hands, or are judgemental, from my experience. Those who don’t care tend to be wealthier and better mannered than those who do.
It’s also in poor taste to actively talk about your wealth here, unless you’re with close friends and/or around people who you know are of similar socioeconomic backgrounds. Similarly, it’s rude to question how someone was able to acquire expensive items.
NYC and its surrounding areas/states have some of the largest pay gaps in the country, so most kids are taught in school to not question why someone has an expensive item, when their family “can’t” afford it. Where I grew up, turning 16 meant a necklace from Tiffany’s, or a bag from LV or Chanel, on top of a new luxury car. No one who grew up here will ever ask someone else how they suddenly acquired a bunch of Hermes bags… ‘cause that kind of stuff is possible.