Imo–as long as you can live where you want to live-that’s what really
matters–regardless of what anyone else prefers/does/has, etc.
Although people in every financial category generally negotiate the best deal possible when it comes to real estate, I think most people who have an 8 digit net worth–buy homes based more on where they choose to live–rather than where they might find the best deal.
That may be in CV (tract or otherwise), Manhattan, Dubai, all of the above, or somewhere else. The point is, they have the choice to do whatever they want to do.