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Originally Posted by Crawford
Is this just a ranking of household income or home prices? Cupertino isn't "elite". Just because the home prices are outrageously high doesn't mean that global elites are itching to live in modest 1950's ranches in Cupertino.
And then Beverly Hills is more on the level of Long Beach? This is just a weird ranking.
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It kind of makes sense. Beverly Hills is about 40-50% multifamily and West Hollywood is like 90% multifamily so they're going to rank lower in these kinds of lists. They're very much a part of "the city," not like your typical wealthy leafy suburbs like Los Gatos or Palos Verdes. I still think Beverly Hills is more "elite" than either of those places though, just based on the ultra high end real estate market and the types of people that live there.