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Some property and business owners are drawn to affluent neighborhoods because such communities boast ample services, luxe architecture, well-funded schools and the reputation of being safe, clean places to live and raise a family.
The more high-end the neighborhood, however, the less likely it may be to feature diverse inhabitants or relatively affordable goods and services including homeowners or business owner's insurance.
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
