Not every expensive neighborhood is expensive for the same reason. There's definitely an "archetype," if you will, of neighborhoods that primarily derive their

Not every expensive neighborhood is expensive for the same reason. There's definitely an "archetype," if you will, of neighborhoods that primarily derive their value from being exclusively home to the upper class. Atherton, River Oaks in Houston, even Palm Beach in Florida are examples. Compare property values in Palm Beach to West Palm Beach, for instance.