It's not commonly known by any class but it's more likely to be known by college graduates i'm sure, which is what I found ironic. That's not a stereotype, that's just a reasonable guess based on personal experience.
And whenever some one says it as a pejorative it comes across like class guilt to me... Like privileged people guilty about their own privilege... Cause poor people generally don't actually talk like that. Like Bat said, blacks say bougie.
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