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Re:The Secret Economics of the Birkin Bag by steveklabnik on Monday July 24, 2023 @04:24PM (#36853713)
> Not to say that some in the upper-middle class don't waste money on a Ferrari

It is not actually possible to directly buy the fancy Ferraris. No matter how much money you have. It's a whole thing. You don't call them, they call you.

Re:The Secret Economics of the Birkin Bag by westoque on Tuesday July 25, 2023 @02:18AM (#36858624)
same with high end luxury watches. i think that these companies just add another layer on top of the standard veblen goods definition making it even more exclusive/desirable, and therefore even harder to get one.