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Re:The Secret Economics of the Birkin Bag by mucle6 on Monday July 24, 2023 @04:47PM (#36853977)
If almost everyone has an iPhone/Telsa, but a few people don't, some people may begin to read it as a signal. In a sense, when veblen goods are popular in a community, they have become table stakes instead of status symbols.

They're still veblen goods though even if they're table stakes. Because they became table stakes due to their price.

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