Maybe the o.p. is referring to geographic differences, between the oldest sections and the newest? I've heard resentment toward newer/younger residents moving in because "there's too much money over there" (south of 466).
(My reply was, "what sane developer-builder would target buyers who don't have money?" but that fell on deaf ears).
I don't think people who bought the thousands of patio villas, courtyard villas, ranch-cottage homes or designer homes are flaunting their money, especially since over half of all homeowners here paid cash for them.
Also considering that the national new home median selling price was $221,800 and the average selling price was $272,900 according to 2010 Census data.
http://www.census.gov/const/uspriceann.pdf