• TBi@lemmy.world
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    8 months ago

    Same reason poor people buy overpriced designer handbags. Status symbol…

    • sugar_in_your_tea@sh.itjust.works
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      8 months ago

      Yup, those status symbols are for poor and upper middle class people.

      • poor - a few nice things makes you appreciate them a lot
      • upper middle class - no need to save money on such things, so you get “the best” or whatever
      • rich - you get bespoke stuff, “designer” stuff is for plebs
      • middle class - “a few nice things” isn’t as good as “lots of pretty good things” and a funded retirement

      Source:

      • poor - my in-laws
      • upper middle class - DINKs I work with, wealthy neighbors
      • rich - movies
      • middle class - me