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Re:The Secret Economics of the Birkin Bag by ypzhang2 on Monday July 24, 2023 @04:08PM (#36853534)
I doubt there is truth to the common trope that "REAL rich people don't buy X/Y/Z". Its a No True Scotsman argument. In actuality, Kelly / Birkin are appreciated by a wide spectrum of people, even folks who are "0.1%ers". Just like "0.1%ers" buy luxury cars. Hell, Bill Gates (a "0.1%er" squarely) basically lobbied for a law just so he can import a Porsche 959. Jerry Seinfeld has a huge car collection. If you want to argue "old money", Prince Harry has a Jaguar E-type and a F-Type. Luxury goods are enjoyed by the leisure class, period, because they have disposable income and like nice things.
Re:The Secret Economics of the Birkin Bag by inconceivable on Monday July 24, 2023 @04:39PM (#36853888)
i'm middle aged and i grew up in california so i've known rich people all over the spectrum in terms of purchases/lifestyles. there are no blanket rules.

the only thing they have in common is they have a bunch of money and assets!

Re:The Secret Economics of the Birkin Bag by psd1 on Monday July 31, 2023 @05:34AM (#36940368)
Right, these cars are distinctive and conspicuous, but they don't have "Porsche" in repeating motifs all over the bodywork.

It's the humungous branding that makes the LV and Gucci goods tacky.