Quote:
Originally Posted by Planner15
I tend to think about it this way: The people with the most money have the most say in where they choose to live. Money is less of a barrier for them than it is for most people. Therefore, where they choose to live would likely be the most desirable locations without concern for cost.
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Not exactly. Rich people often want to live near other rich people. Better connections, and also want to live with "their kind". If you're not of the country-set, living next to them even if you can afford it might not be a plus. As you pay more, you can get a better neighborhood with nicer stuff but a certain point you're paying for the privilege of living next to other rich people. Many of the NYC suburbs listed don't have that big of an advantage over other upper-middle class suburbs.
Rich suburbs also sometimes attract different kinds of rich people. Scarsdale is more highly educated professional types, Greenwich is more finance oriented. Scarsdale is heavily Jewish (almost a majority) Greenwich is not. Some of the North Shore Long Island suburbs are a bit more "local business rich" and the culture might be a little less elite.
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