News for hackers. Stuff that matters.

A comment on The fanciest shopping center in America is expanding. Parent comment

Re:The fanciest shopping center in America is expanding by hueving on Saturday February 10, 2018 @08:35AM (#16347230)
Do you realize that many of those millionaires have gotten to that position by saving and studiously contributing to a retirement account/mortgage payment while on a regular income? A significant portion of those would never even think about spending money at Gucci.

Gucci's clientele are the 5m+ crowd and people obsessed with social signaling.

[ Parent | on HN ]
Re:The fanciest shopping center in America is expanding by emodendroket on Saturday February 10, 2018 @09:18AM (#16347354)
There's a happy medium somewhere between blowing all your money on frivolities and never enjoying any of it. I wear a lot of clothes from Walmart, but I spent $2k on my PC when I built it and I'm driving a car that, while reasonable within my budget, is more expensive than something like a Camry. I can easily imagine someone else going with a cheaper car and computer but preferring fancy clothes and accessories.
[ Parent | on HN ]
Re:The fanciest shopping center in America is expanding by username8884547 on Saturday February 10, 2018 @09:23AM (#16347376)
>>A significant portion of those would never even think about spending money at Gucci.

and a "significant" portion apparently do. This money thing is weird...at some point you realize that you actually can afford x, y, and z. So you start enjoying it.

[ Parent | on HN ]
Re:The fanciest shopping center in America is expanding by hueving on Sunday February 11, 2018 @12:22AM (#16351319)
No you don't. Just because some people waste money on something doesn't mean everyone or even a majority does.

If meth dealers were legal, they would be positioned right next to Gucci stores. The markup is similar and the utility is about the same.

[ Parent | on HN ]