Luxury Fashion Is For Broke People
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- Опубликовано: 20 ноя 2024
- Rich people don't actually buy designer brands, the poor do. Luxury fashion brands have secretly targeted the middle class for over a decade, getting people to overspend on Gucci belts, Louis Vuitton bags and other flashy goods.
The CEO of LVMH, Bernard Arnault became the richest person alive with over $200 Billion Net Worth. LVMH is now the largest fashion company in the world, and they got there by ripping off regular folks like you and me.
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To be clear, the rich often still do wear items with the logo all over it. Everyone has their own style. The point is that these luxury items are no longer exclusive to the rich, in fact many luxury brands make up over half their revenues from the middle class! Nobody is judging you for wearing what you like, the point is that these brands have benefited from significant growth by targeting those in the middle and lower class. These luxury items are now engrained into our culture as status symbols of financial and social security and for many, have become essential to own.
You said half of luxury brands revenue come from middle and lower classes of society. No one is arguing that but in your video you made it seem as if the Rich or high society aren’t buying these brands at all when we all know the rich make up the other half of that margin. The rich and famous are the ones front row at the fashion shows buying out seasons my guy while the middle class is buy souvenirs like purses, shirts and sunglasses. The rich live in luxury will middle class just visit.
@@polyverse1You missed the point.
The point is, how the old money versus the nouveau rich shop and wear luxury goods.
The rich is not buying the designer bag with the big logos plastered all over the items; so that people immediately recognize the designer's name.
The middle class and nouveau rich do it to show off. The old money buy the expensive item because they have a need for it; when they have a need for it.
Sure, but regardless of their style - they are both rich, the fact that so many people think true "rich" people are only minimalist billionaires on the Forbes 100 billionaires list is a fallacy of logic and a coping mechanism to make being plainly dressed a fashionable trend. But hey, I'll stay looking poor in designers, since people think I look lower class it's ironically the perfect disguise for how wealthy we are right? Next time someone says I'm rich I'll just tell them "nah, you see this $2500 Dior jacket? I'm poor asf!" xD @@laken1804
The truly rich consider branded goods to be gauche. Back in the 80's there was a popular craze for Izod shirts, identifiable by a small alligator logo on the breast. But for actual rich people, who's families had been buying izod for generations, the company made a line available WITHOUT the alligator logo.
He's not talking about the rich. He's talking about the wealthy. Completely different discussion. The wealthy are worried about being kidnapped and wouldn't suffer your opinion so have no need to flaunt anything in front of you. The wealthy don't have sidewalks and have their houses behind acres of forested land. You never see them because they don't want to be seen and all their friends are similarly wealthy so they have no need for the kind of ostentation that would impress us. There are the rich like the Kardashians whose job it is to impress you but like Cardi B says I'm getting paid to be in the club. The rich are getting paid to wear designer crap as an enticement for you to buy it too. Old money like Paris Hilton who are doing the same are an aberration. You wouldn't recognize wealth as wealth if it were standing next to you on the subway and you certainly don't know their names.
The rich are not like you or me. They compete among themselves with yachts, jewels, art, travel and homes. Meanwhile, we are on the subway or in the bus with our prized Louis Vuitton. 😂
Haha so true!
This!!
So what are you saying? You can’t buy yourself a designers bag because rich are flying around in embreaer? What a depressing attitude.
@@AltaicPride01 She’s pointing out a truth. You buy whatever tf you want.
@@alexcortez3007 the truth? What is THE TRUTH?
As someone who owns a home and is middle class I must say: not having a landlord is a luxury I could never give up
Ultimately though we are all renting.
@@deborahcurtis1385in the United States homeowners are not renting. Communist Europe may have different rules. I know China definitely does not allow people to own property.
What ARE you talking about@@Nick-gj6je ?
@@Nick-gj6je "Communist Europe may have different rules"
lol, lmao even
Payed your property tax or i would sezie your house
Going to bed knowing your bank account has enough money to pay all your bills for the next six months feels a lot better than any attention for a luxury label
But so does being rich enough to have a yatch
Anyone who buys luxury and don't have 6 months of bills in the bank may be in a pickle
@@kanamekiyru Not necessarily. A lot of rich people pay to maintain an image as it's needed in terms of networking and showing that your company is doing well. That way other rich business men/high end investors feel more comfortable with their choices and are more likely to go for you after a meeting.
A lot of rich people with high end cars, vacations and yachts can barely pay for their own groceries while hoping to land a deal so they can stay afloat. Those yachts ain't cheap to maintain either, not to mention that they usually require staff on payroll, too. Even after deals are made depending on whatever they do for a living can still be in debt and paying it down.
Calling for bankruptcy is something that can be done over and over if you feel like it but it can also take a serious toll on your image depending on how you go about your livelihood. Contacts can be lost, your market value doing deals can take a serious dive and just like that and you're basically back down to square one with a tarnished reputation in a world where you can't trust anyone. And let's not forget about it all basically being a lifestyle, you're always working and missing out on important events with family and friends.
Even if you're doing ok with the above taken into consideration the stress that comes with it should something go wrong, or someone being cutthroat, is immensely difficult. Having a normal work week and still being able to save money to the point you could pay for the next 6 months is on average a much better way of living life. You have rights should something go wrong with the company you work for and you're pretty much set in general.
It's not even close what kind of life is better to be led given that you don't do 60-80 hour work weeks just to make ends meet.
Amen to that 👏
Exactly👍🏻
One of my favorite sayings:
“Money talks. Wealth whispers.”
Nice! Did you come up with that all by yourself?
💯
@@kitten_with_bad_breath Probably not, did you?
@@Profile659 yes and Jessica is not gonna eff you. Stop being white knight
Thanks for that! That's a great one!
A simple mantra i always use when i buy thing is "if noone ever saw me or knows i own it, would i still buy it?" This simple question has saved me a ton of money throughout my life
Excellent way of thinking
Spoken like a rich or middle class man.
Good rule.
This is exactly it. If you aren’t buying it for YOU, but for others to know you have it, then DON’T get it!!
@@israelarellano8335 Jealous? Or are you the kind of person who complains their poor but be disguted at the idea of buying used?
When I was younger and broke, I wished I had a LV. Now that I can afford one, I completely lost interest.
Same!! I prefer to have one of a kind items that I make myself or outsource/customize (especially on Etsy!)
Facts
Because you know you can always get one at anytime, now that you have the means for it. I'm same way, when I was 38 I started my business of food manufacturing and I slept in my van for 9 months until the business started to move. I'm 63 now have a modest home in a nice neighborhood. I don't care about the fashion..but my hobby is driving my Porsche 911on weekends though that's it.
it's overpriced and the quality is bad. but when ur rich u just buy a new one
Zara does it all
Born into a relatively well off family, it can summed up as this: Bragging that you just ate at a fancy restaurant to a rich person is like a beggar bragging that he just went to McDonalds the other day.
That's why, when mingling with wealthy people, absolutely do not wear something that reveals the brand so brazenly. Wanna wear Louis Vuittton? Go ahead, but just know that real rich people would not be impressed at all if you shout it out to them
The trend is that the elites always wear something obscure and custom made. Sure, they go to Dior and the like, but the real treasure is finding a relatively unknown but skilled master tailor, and comission them. Conversations in wealthy gatherings often revolve around this process of "finding new talent", usually for investment and patronage matters (or at least this is what's popular in my country)
So do you comingle with these “rich” folks who wear custom made Thomas pink shirts and tailored suits?
What do mean do not wear brazen brand items in front of wealthy people? Are you that insecure that you’ll be judged?
Also care to explain who are the mysterious cabal of wealthy folks turning down their noises at the regular folk?
So simply be unique and different. You can tell who flaunts it and knows the real deal lol
I've done my own research and come to the same conclusion. It's nice to see a firsthand account as well. Once I get to where I want to be physically I'm basically going to find a quality tailor and just have a custom suit made for me. It'll fit me better(I can't find anything in my size, would get more difficult once I bulk more), and if you go to the right one, cheaper than getting a gucci or YVS. I usually go to luxury brands for cologne tbh
Bragging to a rich person sounds like a form of self debasement
Nope, fashion it’s just an accessory to look better, in the end, personality, style, class, education, etc. are what make you look good or have presence.
I utterly refuse to buy items that have the brand’s name plastered all over it. It’s cringe. Also I would never in a million years pay 400 USD for a t-shirt.
Totally agree. I might buy something expensive if I like the look of it, but then I remove the label if it's possible.
I feel self conscious wearing brand names. I imagine that people will look at me and think "that guy thinks he looks cool because of the brand logo", which is not an image I want to project
Still I would rather buy that shirt than a Louis Vuitton bag.
The $400 t-shirt is custom made, that makes it more expensive than your regular j crew t-shirt. $400 though? No. Maybe $100. Longshot maybe.
Absolutely - makes me cringe too. Why would I pay to advertise your product?
Do you know the "newish" Polo shirts with the giant, obnoxious Logo? I've only seen immigrants, Saudis and Ruzzis wearing them here... 100% accuracy so far!!!
The richest guy I knew, a former MS vice president, looks like a ordinary man, wearing worn jeans and sneakers, driving a rusty 2004 Toyota Hilux. He is sponsoring some 10 food banks in his city, financing 25 guys snd gals from underprivileged families a university degree and does not talk about that. We need more of guys like him.
we need more taxes on guys like him so we don't have fkg food banks and the "underprivileged" don't have to be "financed" by some dude in jeans, sneakers and toyota
The richest guy I knew always wore a dirty shirt, torn jeans, dirty shoes, IF any at all,
he ate out of a dumpster and commonly asked people for spare change.
Turns out he wasn't rich at all! He was an insane, homeless guy. And he was just lying to me when he said he was the richest man in the world...
@bentonrp and you belived him? Well then you also believe Trump 🤣🤣🤣🤣🤣
steffenrosmus9177 Guys like him are also funding DNC front NGOs that keep us all poor.
@@steffenrosmus9177 No new wars.
I worked for really rich people, personally spending time working with them made me understand that real wealth doesn’t mean expensive items. They drive the most regular and boring cars, dressing clothes with no branding or flashy logos. You see them in the streets and you’ll never think about how rich those guys really are. They have properties, businesses, assets that if you don’t ask or know them, you’ll never know the money they move and that’s when you know someone is really wealthy, their money speaks for them. Not their shoes or bags
Same here, worked for a guy that owns property and convenience stores all over the country. His biggest flex was that he drives an audi or lexus🤣, believe me when I say he dresses very plain. Rarely have I seen a brands logo on him. But this guy is loaded!! He is older now so he just up and decided to move to Florida, paid cash for his home and now he just travels the world with his wife. Would never know it by looking at him!
It just depends on the person. Old money or new it doesn’t matter. They all have different personalities. Some are part of a little club and never mingle with Normies. In that niche you have all kinds of personalities, some of them will wear conspicuous branding because they do it ironically, some will do it seriously and others won’t care. Then you have the people who do mix with the normies and it’s the same thing with them. Some care about certain brands some don’t. Some like their clothes Taylor made other want to hop on the latest trends. It doesn’t matter. They have the means to wear whatever they like and not care about it. Some of them willl be attached to a cheap t-shirt their lover gave to them because it means Something to them others will be purely materialistic and only care about that which is expensive or “chique” ( another subjective term just visit Monaco for seeing wildly different versions of chique). What I’m saying is they are not one group behaving in 1 way.
@@hansmemling2311. I think you’re right. At the same time, wannabe rich people are quite predictable about showing off their branded merchandise. Rich people may or may not do so.
Spot on! I am doing ok for myself (net worth of over a million, all self made). Was dating a girl recently who I got to discover was unfortunately into designer clothes. Me? I don't care. I care about comfort. In fact she even commented negatively on my shoes and how I dress. She wanted me to be more flashy. I swear I am not making this up. So to entertain myself I skilfully brought up finances. Turns out she is broke and deeply in debt. She essentially had a negative net worth but only wore designer clothes. I secretly laughed and never saw her again. Wealth starts with a mindset.
In socal they don't drive normal cars. The guys all drive porsches and the women all drive range rovers. Litteral 100% chance the girl in a range rover is 10x richer than the dude in a ferrari
"Luxury brands destroy their excess inventory to create scarcity."
Genius and disgusting at the same time.
The real genius is Bitcoin
@samsara876that would be bad for their brand image
Yeah if you own a LV bag you wouldn't want to hear that they're suddenly selling it for $400. Birken isn't that much better for 27,000$ more. I'd argue louie Vuitton is still pretty luxurious. The elites are 95% disconnected with the rest of us of course they haven't caught on logo mania. I often think they're worst off for it. Fashion belongs to the proletariat. Fashion is on the rise. The greatest artist always come from the poor class.
they have to do it to keep the supply/demand balance right and regulate the price
If there scarcity buy a different brand lol
Makes me think of my ex girlfriend. Her father was a wealthy man with multiple companies. When I saw her agian multiple years after we broke up I realized that she still had most of her old clothing, phone, car etc. Rich people don't care about stuff, they care about assets.
I have always felt that, if I'm walking around prominently displaying a brand's name or logo, _they_ should be paying _me_ for the advertising space.
Are you famous or something??
@@jeinnerguccii An advert is an advert, whether it's displayed in Mayfair or Bermondsey.
@@annalieff-saxby568so companies might as well pay you for eating their food
@Legend77700 I don't stick little flags on my foods stating their source, do you? Do you walk around in a tee-shirt that says "Nestlé"? I don't think you've grasped my point.
U don't have to show off the brand it's the detail they put into the clothing that separates them from true religion or polo
Yes! "Real luxury hides in plain sight" so true
This is what happens when the average person can't tell the difference
Shout out to @lucasley20
But the people who know know. My wife instantly knew that was Hermes not walmart
@@Sc9cvsd it's true. I don't even know about handbags, but I saw the Hermes and didn't know about it, but I thought the other 2 were cheap and or fake and it was a trick question
Who gives an F about luxury?
This video is well done. However…
I used to work as a security guard at the Pradas store in Manhattan (both 5th ave and SoHo locations) for 2 years. I saw Jack Dorsey and other tech CEOs coming in to shop frequently. As well as tons of celebrities. I was working in the front of the store, so I would see them go across the street and shop at Gucci and LV as well.
This video points out that LVMH said that 50% of their revenue comes from the poor in middle class. That means that the remaining 50% Has to come from Rich people.
There are a lot of rich people who dress very understated, but there are also a lot of rich people who like the FLEX. For example, Warren Buffett dresses super regular, but he’s also 93-year-old man who lives in Omaha Nebraska.
When you go to big cities that are fashion capitals (like Miami, LA, New York) the rich people are flexing. I saw my own eyes when I work security at luxury stores. 🤷🏽♂️
thank u. like ive seen successful lawyers with lv bags and gucci belts. and last i checked those people ain't broke.
@@user-fc2xk3uv8y what the vid is trying to say is owning a luxury item doesnt mean youre rich. And since 50% of the people that buy luxury items are poor, it means they are just as likely to be poor as they are rich.
@@PiethagorasTearem That's not what the video or what LVMH's earnings report says. It said "50% of the revenue comes form poor and middle class. That means that the other 50% comes from the rich.
There are not many companies that can say that 50% of their revenue comes from the rich. That's actually a HUGE percentage.
@@HighLifeWorkout by poor I mean not rich. And the poor and middle class are not rich
@@PiethagorasTearem Cool. But that still means that 50% of the company's income comes from the rich. Not many companies on earth can say that.
A top example is when you travel to, say, Dubai. Many people are paved with branded fake clothes, looking like Christmas trees. They all go to the economy lane, while people without any branded clothes are the ones who queue for business or first class. It's actually kind of sad how materialism conditions the society.
I think it's the other way around . The peer pressure or the need to fit in drives those people who can barely afford luxury brand it's to actually buy it. It's basic human need to want to fit in because it's installed in our brain from cave times that we can survive only in group and less-likely when standing alone. Those individuals who can withstand this societal pressure are true winners and survivors.
My Nan used to say "If you can't buy it twice, then you can't afford it." I work for a company who sells luxury brands and it's a good mantra to have....
Good mantra… I learned my lesson after losing my first pair of designer sunglasses years ago. I couldn’t afford another pair immediately so that means that I essentially couldn’t “afford” the first pair
@RussellParker-bd9tw 🤣"IT'S NOT FAKE, it's a Replica" - Alpacino in the Gucci film
*hotdups* You are so well-informed about luxury accessories and bags. You've obviously done your due diligence and the comparison to the US is very informative...because of course, I live in New York. thank you very much
Better return your iPhone
In fact, this is usually not the price for locals... locals usually get more cheap a *hotdups*
I genuinely think that due to the housing crisis getting astronomically out of hand, millennials and gen z are coming to terms with the idea of never owning a home (until the market ever crashes) and instead are living life in the moment, making their existence a little less bleak and a little more colorful. Without luxury experiences (whether that is in items, traveling, etc) the world would be dull and meaningless. The mantra has shifted from saving for your future and legacy, and more about living for yourself in the moment. A lot of us won't have a legacy to give our money to anyways.
I agree, there’s certainly a lot of evidence to suggest what you are saying is true! It’s not even the fault of younger generations focusing on living in the moment, purchasing luxury goods and experiences if long term goals are simply unattainable. Hopefully in time what was once attainable will become attainable again.
That’s certainly true if you keep voting democrat!
Super spot on. Wrestling with that at the moment: saved, lived economically - target being to OWN and answer to no landlord or bank. Trying fruitlessly to convince my heir to do the same and continue to build on this hard earned legacy.
Simply not interested, would rather live in the moment - everything rented with credit up to the eyeballs - earnings mainly servicing debt with complete amnesia when it comes to why the vitally important ownership of what would be considered basic high cost but indispensable needs - home and car for starters. Very occasionally giving credence to the fact : I work darn hard for many years and don't own anything!. Boils down to a scarily widespread mindset of living in the moment with commitment to building a better future through slight discomfort in the present simply not considered at all.
You have been tricked into believing that the world is dull and meaningless without "luxury experiences" and your comment shows how clueless you are about existence, pathways to happiness and what legacy means.
@@godfreyberry1599 Really? You worked darn hard? Working hard would be nearly 200 hours a month for close to a decade.
Rich people wear what they want. Some dress gaudy, some dress conservatively. If you're "trying" to dress quiet luxury, you're failing at it. Incidentally, when I started getting serious about my finances, I had very little interest in flashy designer clothes. I still bought good brands but focused on quality items and rarely shop.
The only ones that wear gaudy are Hollywood types, because it's their job to be attention wh*res. Dress gaudy among the super wealthy and you'll be eye-rolled out the door.
Josh Allen, Pat Mahomes and Aaron Rodgers are probably the 3 richest NFL players yet they all dress like they dont give a f and drive pickup trucks.
Yeah i always prefer quality over quantity, its very easy in our nation to appear rich yet not actually be rich. I buy my shirts off websites like True Classic even though i ain't rich
Yeah, there's no point in wasting 1000s of dollars on worthless items when you are trying to build your wealth. It's only when you get rich that you can afford to spend big money on basic items because it barely affects your budget. If you are wasting money on designer goods and you aren't already rich, it will keep you poor.
The high quality fakes has the same supplier as the real ones. Fun fact from a supplier that lives in *suluxs* .
I learned that lesson early on as an investment real estate broker. The brokers and wannabes wore flashy, expensive clothes shoes and drove luxury cars. In other words, they were the people selling something. The clients, on the other hand, those who had money to buy and sell the assets appeared as ordinary people and you’d have to look closely to notice quality.
The ability to pay for what you want doesn’t make you broke. Good style on the other hand requires more than money
Absolutely! If you like those goods and can afford it that’s great. Peer reviewed studies do show however that owning flashy luxury items can often be indicative of financial and social insecurity. It doesn’t actually mean if you like a LV bag you’re broke, it just means that many people also purchasing that bag really can’t afford to be purchasing it in the first place but do so to project a false sense of status.
This exactly
I think that statement needs to be made. Because many of us can afford it AND want it and buy due to liking it. Maybe I’m in the minority, but it’s silly to presume someone is broke because they have a designer item.
@@RaisedMedia you do know lots are probably fakes
@@VBoo459 it's actually really dumb.
As a "middle class" person (always had what we *needed* , occasionally got what we *wanted* ) my mother would not allow us to wear logos of any kind. She said it was like paying to advertise the company. Put that way, it sounded ridiculous. To this day, I cringe at the idea of wearing visible logos. I do make an exception for sneakers because a lot of cute ones have logos.
I think the same way about advertising for other companies. I only wear something if I really really like it in my own eye. Other than that I like to make my own designs then it's like an expression of myself being shown to the world. And every time I've gotten compliments on my clothes it feels completely different knowing that it came from my own imagination. It feels much better.
I never thought of it that way. Your mom is smart and I think I’m going to think of that next time I buy clothes for my kids.
Look at all the straight men that have a gay man's name on their underwear.
Same. I buy some shirts with fancy art on them but there is no logo. Cba to spend a lot on clothes when I work in IT behind a monitor at home anyways. I have a cheap car but an expensive bike and guitars. Guess everyone is different. I cringe when I see these versace dolls showing up in my social media.
You were raised by a wise woman
“Buying things you don’t need, with money you don’t have to impress people you don’t even like. It’s the American way.” - George Carlin
the best way to check out of capitalism ... only buy what you need, buy it with cash and save the rest.
Nothing wrong with paying a few dollars for a shirt ... was probably made in the same factory by the same people as the luxury items
@@dragonstooth4223 check out of capitalism you dont check out cpaitalism gives you the choice
It’s Asians too
You should see how bad it is here in Asia. Makes America look like nothing. Sad to say it but Asia can be very shallow and judgemental.
@@DamienYuen7718 Yeah people tend to judge you by your external look more than your spiritual awakening. They will sneakily look at you head to toe as if you dress yourself well with at least one luxurious brandname. If you get some fancy items especially showing the flashy logos, they will change their mood and tone to respect you right away. Education is important but richness makes people bow for you more here. Sad but true. Believe me materialism in Asia is ULTRA INSANE comparing to the US. 🥲🥲 I, myself was born and bred in middle-middle class, same country as Lisa blackpink, most people here still have kind perspective towards different social class (except krungthep lol) but C, J, and SK are REAL DEAL for that.
I'm sorry but as an African American woman who was born and raised in the hood and now have a household income north of $300k with my husband, the idea of inner city youth purchasing jordans as a "survival necessity" doesn't cut it. In fact, it does the exact opposite, it makes you a target for unwanted attention and oftentimes violence. Also, if you're in the hood and you're showing up to a minimum wage / labor job with a LV bag, that doesn't suggest you're valuable or have class, it suggests you're insecure, you spend money on the wrong stuff, and possibly to the detriment of other important things like rent, food, money for children, etc. While I can understand the desire to feel valuable, spending every dime you have (potentially acquired illegally) on luxury bs is unacceptable.
I work at a school and the amount of 12-15 year olds that walk around with gucci and other designer brands is insane. It’s sad to see people so young already showing such large signs of shallow insecurities.
Yes an 8 year old criticised my Gucci hobo because there was no apparent logo, just the interlocked G on the zipper pull and tiny imprint in the hardware. I had to laugh, if it were my child I would be quietly educating her as my mother did with me, but you cannot overcome the force of peer pressure in one conversation.
...and you can thank their parents for that!
And the Stanley cup thing. Oh my gosh. It’s like a club that they think they have to have just to be thought of as human.
Most of the cups get carried like an accessory. It’s really sad to see adults validating that type of acceptance. I hope it gets better and the young crowd realizes they are more than the trendy materials.
The Chinese fakes only cost a few bucks and the average Joe won't know the difference. In fact they make a fake Rolex for a few hundred dollars that is so good that it is in fact a Rolex, it is just not made in a Rolex factory.
You seem way more insecure
My mom grew up very privileged but then got disowned when she married my “lower class” dad and immigrated to the US with him (we’re Asian and it mattered a lot back then). Even though she has nowhere near the wealth she used to when she still lived with her parents, she still retains the same habits.
The most important clothing guide for her was quality and fit. Even if you’re wearing something “expensive”, you’ll still look cheap if it doesn’t fit right or if you don’t know how to style it. She notices minor stuff like how the fabric creases or the seams line up because it’s a sign of whether you’re wearing high quality / tailored clothing.
Your mom is wise and would save alot fashion disasters.
It’s amazing how even among many of the perceived luxury brands, a lot of the design flaws a very present. An 1200$ dress that creates horrible folds on the sides of the chest depending on how you move your arms come to mind…
This is an excellent point and huge sections of the population would benefit from reading it.
Megan Markle could use some tips from your mom
@@sssinfullyyoursthis is exactly what came to mind Kate vs. Megain
One time I went to this steakhouse in Houston. I saved up for two months to afford it. Me and my friends dressed up and everything. When we went in, there was a dude sitting there in shorts, flip flops and a tank top. It was then that I realized that this expensive steakhouse that I saved up for, was basically this dudes Chili’s equivalent. The price was irrelevant for him. He just simply wanted some food.
When you’re rich, money quite literally talks.
Was the steak good? It may not have been his Chili's he just may have been home and comfortable and like you said wanted some food. If there's no dress code its just how people people choose to present themselves. The old stories about farmers trying to buy a Cadillac are everywhere and depending where they were at they may have been the richest people around but that doesn't mean they were shopping on a Sunday.
L
Most high end restaurants will have a dress code of at least business casual
@@BlazerManiacNumber96not so much anymore
@@jgalt5002 Maybe we have different definitions of high end
Buying a plain gray t shirt for $400 is stupider than buying a Gucci t shirt for the same price.
Nope, because the one is quality, the other has a dumb logo only idiots care about... And you don't need 400 either...
Perhaps it's exactly the same psychology, just operating between billionaires?
Having said that, I actually think there could be a couple of cases for a $400 t-shirt:
A) It's tailor made and *extremely* well designed, cut, stitched from very well designed and expensive to manufacture fabrics that have a very long lifespan by an incredibly experienced tailor who earns a high hourly rate.
B) Someone made it as a one-off (knitted it or however you make cotton t-shirts by hand) in that case, if they charge a reasonable hourly rate and it takes them 40 hours to make then it seems kind of reasonable for them to charge $10 per hour for their labour and materials.
I think you could argue that neither of the above represents a "rip-off". However, whether either represent "good value for money" next to a $4 T-shirt, is another question! The real rip-off is the $4 T-shirt priced at $400 because it has a logo stitched onto it.
Tbf 400$ or 4$ for a shirt to Zuckerberg makes a difference like 1p vs 2p to anyone of us so.... he probably just takes the custom fit one because it doesnt matter anyways
If you are rich you would buy Kiton .
Grey.
Not gray
At this point, I just wanna be able to afford the guacamole upgrade at Chipotle anytime I want.
Even fast food is becoming a luxury good these days 🤦🏽♂️
That add-on is tight
😂😂
Chipotle is 20 years now for 4 tacos where I am. Ridiculous
I just wish I could afford Chipotle whenever I want. But being poor the last couple of years, though I have good $$$ in investments, has taught me to not spend as much eating out. Pre-Covid I bought lunch prettt much every day and coffee maybe 3x a week. That really added up. Saved myself about $25 a week by making my own version of my Starbucks by buying a Keurig, Smucker's caramel syrup and a milk steamer/frother.
This is *completely* correct. Gucci and Versace are what poor people think “luxury” is. Rich people buy a lot of underground stuff, I’ve noticed. It’s stuff that once the mainstream hears about it, it’s been ran through for the most part.
Bs
The fact that you said "ran through" means you don't really get it...Real quality is quality because it is actually a premium made product... The fact of "how many people notice" or know about it has nothing to do with it.
@@xSayPleasex
Nope, that’s not how the fashion world operates. People who care about clothes enough to buy nonsense like Gucci sneakers are *always* switching it up. Entire closets full of shoes and jackets. There’s a scene in devil wears prada dedicated to explaining how certain colors and styles start off on the runway then slowly filter down until they reach the department store bargain bins.
That’s not what you’re talking about…you’re talking about things like tools, machines, collectibles, etc. A $4000 guitar is going to be nice the day you buy it and even nicer in 40 years. A $300 pocket knife will likely increase in value with time because it’s a tool AND a collectible. A $300 pair of sneakers is going to be hip for about 3 months until it becomes rare or “vintage”, if that ever happens. Black suits and leather jackets are among the only clothing items that behave like tools, etc. They’ve been in style forever and will likely never fall out of style.
Super rich people still wear the designer brands though, most athletes do, musicians do and they aren’t sponsored by them.
@@darkno6493 That’s nouveau riche, not old money wealth.
I had always refused to buy anything expensive from designers, but after working for Michael Kors and Armani for a couple of years I understood how valuable it is to dress well. Seeing my sales going up after a few changes in my wardrobe impressed me. I changed my overall style and dress to classy, and elegant. No matter what with good education and good manners, I can tell how big of an impact I make on people I just met. No logos are visible, and no branding on shoes, or accessories. Just wear whatever fits you well and makes you feel comfortable. Match the colors, the accents, and the general contrast of your outfit, you will never look bad following those steps!
PD: Grooming and maintaining your skin is a BIG plus also.
This is true I'm broke as shit but I only buy things that coordinate Well together
@@dustinduzgames1276You're a furry, that's hella cap
Good taste is timeless.
@@cokie4760 Expose that fool
I will never cease to be astounded that grown ass adult men are just now discovering a plethora of things women figured out around age 12.
You don't need luxury brands, be smart with your money if you aren't well off. When I started at uni I bought a bulk pack of black t-shirts and blue jeans, then bought 2 cheap button-ups and suit pants for job interviews. Only had 2 pairs of shoes. All for under $150. Looking good means looking clean as opposed to stylish
I am certainly not in the truly rich category, but well-off at this stage and completely agree. I’m in my 50s now, so I’ve had some time to get my shit together when it comes to money and I used to fall for the so-called luxury brands. I figured out that’s not really where the quality is. You can find some great custom retailers and true artisans when it comes to things like leather that you just have custom-made for you no labels involved. It’s just really good stuff that will last you for years and don’t get the things to go out of style.
I went through the same exact thing. Bought watches and cars to impress people. Now the cars I semi justify as I still do love to drive them....but I tend to drive them now on sunday mornings whent he roads are empty. But the watches have not been out of the safe for over 10 years. Funny how the different stages work.
@@donnuyen9858 I definitely get to watch them spent quite a bit of money on them. Turns out I don’t even really like wearing watches. I rarely do anymore other than special occasions, or some thing they just bother me around my wrist.
I went through the same thing. Buying and showing off for no reason. 🤦🏻♀️ Unlike watches, the designer shoes and clothes don’t hold value at all when you go to sell them.
@@kimberlyjohnson5794 True
If you know of any good tailors, please share! Shirts from retailers never quite fit...
My sign that makes me rich is my family’s health and two used vehicles we bought 6 years ago and haven’t had a car payment since 😂
... and yet - the rich lease their cars over their company trust fund and deduct the payments from taxes as item that depreciates in value... ;)
An admirable attitude to have and I like to think that I'm somewhat similar but we are all still susceptible to their subtle machinations. I guess we must stay vigilant and keep it to a minimum.
It’s why I still drive my used Subaru Outback I paid in full in college. I’m now 24, and still own it. If it’s not broke, why fix it? I haven’t had to worry about the repo man and it’s great driving an old car. I could care less if it gets a scratch or ding. Very liberating
@@colechapman3382 Good for you! I drive a 16 yr old mercedes benz (top of the range edition) - it has its coughs here and there - but still cheaper than buying a new car all-together - plus it still looks in tip top condition.. you will find most successful ppl are frugal ;)
I lived in China for many years and got sick of fake purses. They are everywhere. You see the cleaning ladies with “luxury” brand purses. It was incredible. So I now associate all of these common brands with very low-income people.
I had a real moncler coat and felt a fool when I saw all these clowns wearing the same coat but fake: the quality and design was the *exact same*. I’m doing financially well now and seeing people wear these ‘luxury’ goods just shows their how financially illiterate they are
@@ishopops5856 highly doubt the quality was the same. monclers are down jackets so unless the clone spent the money to put real down inside, the fakes are not going to be as warm. yes u can buy regular downjakets for much less than monclers but the point stands
@ishopops5856 I think the fact that their fake versions are mirror copies of the real versions sheds a lot of light on those luxury brands themselves. Many of them manufacture their goods in China but sew a few pieces of fabric (tags, for example) onto the items in factories located in Europe, and suddenly they're permitted to say that the item was made in Europe. In short, you're all consuming Chinese goods, either way. Something very important I want to add, however, is that Chinese goods aren't low quality across the board. The only reason we're all consuming cheap goods is because the companies that outsource their labor are trying to cut costs in as many places as they can; they value quick production over careful construction because careful construction takes time. There are countless Chinese factories that produce extremely high quality goods for companies that are willing to pay the proper price for it.
@@ishopops5856 I mean, if the quality and design was the exact same, who's really the clown here?
Stayed on your own country boy
I live in California and we are smothered by a high cost of living and seeing the number of humans making a car payment and attire while living in an apartment or some section 8 project. I now find it to be a great marker about how badly people need affirming.
I used to work for very expensive brands, and had access to the private sales where you could buy all of this original stuff -50% or even -80% sometimes. And while some of my friends were always bragging about how they would never buy these, they wouldn’t wear these atrocities (talking Balenciaga sneakers for example) even for free, mocking the styles, mocking people who actually buy them. And then as soon as they were hearing about « private sales » coming soon, they literally beg on their knees asking to get them something, they would send me messages non stop, pretending to be my best friends, breaking in tears how much they want at least something with a logo on it, doing random services for me. I never understood the logic! People are weird.
its only about that social hierarchy and faking it
Yeah non of the luxury brands worth their salt do that. Can you get a discounted Chanel?
If you work in the right places, you absolutely can. @@martinm8861
Man, I was a barista at this fancy place and one of my best customers turned out to be the national director (or something like this) of Hermès, she told me about these sales and everything. As a metalhead in the humanities we never talked a lot about fashion, but we talked a lot about metal, museums and travels. One day she gave me a perfume and some bracelets which turned out to be ridiculously expensive, because I was one of the few friends that never asked her for discounts or access to the private sales. Moral of the story, metalheads are everywhere.
Because they wanted to buy it at resell it for profit unused.
Your spot on. I believe that now homeownership is so out of reach for many and this is what we end up spending our money on.
It’s a shame that for some, their financial priorities have changed to focus on things that project status over purchasing things that used to be attainable like owning a home…not really their fault, just a reflection of the overall state of the inequalities in the economy
it's not really out of reach if you are smart with your money. but gen z and younger millennials are more concerned with instant gratification than saving and sacrificing in order to make a larger purchase like a house.
True. We should work 100hr weeks for 50 years to fund a cage where we can rest for 5hrs whilst we're not slaving away. Houses and retirement aren't even realistic in GenZ's wildest dreams.
@@krzysiukrul1183 houses and retirement are extremely attainable for gen z. but when they scroll on social media all day and everyone is telling them they can't do it they start to believe it. sad
This is faaaar from the truth…I own my home. I made barely 17 an hour. It’s the choices you make
He’s telling the absolute truth! Millionaires don’t have to advertise their wealth.
Nor would they want to as it makes you a target, I know a few millionares who most would think are middle class
Not everyone who wears Gucci is trying to advertise their wealth, they like loud designs and colours. You can’t find other brands that match Gucci’s style on a cheaper basis without it being a knock off. Even brands like Hugo Boss/Ralph Lauren can still be more expensive than Gucci if you’re buying jackets. Yet people wouldn’t say the same about people who wear Ralph Lauren even though it’s more expensive.
Advertising wealth is a form of insecurity. People seeking approval by unknown strangers.The best way to advertise your wealth is by retiring early. This is the only way to purchase TIME.
Yes, they do. From the cars they drive, to the places they dine in and stay at while traveling, to the places they sleep. They do absolutely advertise.
The same applies to regular ppl, when you are rich, ppl close to you, like friends etc. know you rich, they know where you work and what are your skills. Just insecure ppl need validation from as many random ppl as possible who they dont give a fk anyways.
As someone who loves luxury and loves label, I needed this video. Most rich people will buy designer, but they will not get the shit that’s on the mannequin. They will get the designer that you can’t even tell it’s Gucci.. middle class and class all the stuff that has the logos… I’m starting to get pieces of those if you know you know… I love fashion and I love clothes so I’m gonna always buy expensive clothes. I think it has to do with the NBA players and the rappers today… they are rich and wealthy. And they still dress like they are low middle class and they still show off even though they are rich
There are still plenty of rich people who dress in designer clothes with logos every where. I wouldn't necessarily call it, "Dressing like low middle class". It's called "dressing to show off or flex"
Company that capitalize on our insecurities do very well because, let's face it, there are no shortages of insecure people, especially now with social media. It's only going to get worse.
I think social media just gave people who like to copy cat a more easier way to find people to emulate.
At the end of the day, it's a choice by the buyer. Doesn't matter what those companies do. How enticing they make their products. It's your money and choice ultimately.
@@dirtyace1668If that were true, there wouldn't be a problem in the first place, this runs much deeper though. It's not always obvious but, we all fall the manipulation in some ways or other.
@@alihenderson5910 yes, we are all vulnerable to manipulation but not everyone is vulnerable to the same degree. This is where each individual's mind comes into play. Some choose to use theirs much more frequently in terms of critical thinking while others act almost as if they are drones or NPCs, hence making them ripe for manipulation.
@@dirtyace1668 You kinda proved my point with your reply, but I do agree with everything you say here. Critical thinking is a rare commodity these days.
I'm so glad that someone made a video on this. I've been saying this for years. If you can barely afford it then the people who can afford it easily will not consider that their idea of high end. It's just a trick to make poor people think they're better than other poor people when the rich wouldn't touch your items with a ten foot pole 😂
Exactly. A relatively poor person may have to save up for a year or even two go be able to buy a £1000 handbag (or they pay with finance but end up paying something like £1600 over two years, lol, a great way to stay poor; if you can't buy it outright, you can't afford it). And when the bag gets stolen or lost or damaged beyond repair in an accident, they are going to be devastated. Someone who can truly afford that bag is going to be annoyed if the bag is stolen/destroyed but they can easily afford another one tomorrow. That's how you know whether you can afford it.
@@billmartins5545 dumb logic
Women are responsible for 80% of household purchases and 80% of credit card debt ... you just absolutely dunked on women and their spending habits. Manipulation by marketing
@@and__lam1152 I don't see how this is related to the OP at all, and all you have said is that men are too fucking lazy or incompetent to go out and make purchases for the family, that women take on the blame for debt on household goods the entire family needs, including said men. Take out debt for groceries, bills, school related goods (pencils, soccer balls, etc), medical appointments she takes the kids to, furniture the house needs, gardening supplies, whatever, that debt gap really isn't as astronomical as it seems. Women are just the ones DOING the shopping.
This channel is criminally underrated keep up the good work 👌
Thank you!
My friend is in a high position in KPMG, he is an international tax lawyer, and he is very modest. When I first met him, he was just in plain clothes. Sweet and kind, too. I immediately knew we were going to be friends. I didn’t bother asking too much about his job. I knew little about his work. Let alone what tax bracket he’s in. But he has dropped subtle hints that he’s wealthy. And I recently picked up on that after 2 years of being friends with him. “Oh, my friend is actually loaded.”
Is he married? 😂
🤣🤣
I’m nearly 40. I grew up looking at designer brands as scams. It was marketing to people who were insecure and didn’t know how to judge fashion so needed something to say to people “I really do know how to dress, I promise!”
There's nothing in a handbag that's 30,000 bucks. It's not a car. It isn't even as complex to design and make as a fridge. An album from an awesome artist costs about the same as one from a crappy one!
Just like me I don't know how to dress myself up
@@devilsoffspring5519 I remember reading some online article years ago. In the article, Siberia was mentioned as a source of high priced stuff. I remember there was a photo of Calvin Klein T-Shirts. It wasn't knock offs, it was the real stuff being produced in a factory.
Italy had (maybe still has) a basically no visa deal with China. There're over 330,000 Chinese working in Italy. In the fashion industry. They work cheaper than the locals, make more than back home and are (or were) able to bank money.
It still is a scam. However the items hold value as long as some other sucker will pay for it. A bit like modern art.
@@devilsoffspring5519There’s nothing a 30,000 car can do for that a 10,000 can’t
I work behind ticket counter in airport. I’ve seen so many situations where people wearing Rolex, Balenciaga, Gucci, YSL etc were shocked by me asking them to pay $79 for overweight fee. They have opened up their bags in front of other passengers and taken their stuff out.
That’s miserable and funny at the same time 😂
Like people who have luxury cars on lease but only top up their fuel by $10 at a time.
that because they overpayed their rolex that they dont want to pay the extra 80$
Actually that's just because rich people hate being charged extra with a passion.
I don’t know why but most wealthy people are extremely stingy for things they “shouldn’t have to pay for.” Maybe that’s why they managed to stay that wealthy lol
Way, way back in 1984, I graduated from college and my parents graduation gift to me was a Rolex GMT Master that I still wear today. At the time the retail price was $1,300.00, give or take plus the sales tax. Today's GMT Master are a whole lot more expensive. At the time, it was considered a "tool watch" and not so much a luxury watch.
Great message✅. Be smart with your money 💰 don’t throw your money away on logos… save it.
New money screams, old money, real money,whispers. I knew that as a kid. I went to high school with rich girls. I saw how subtle their style was. I learned from it.
Did you become rich?
You went to high with rich "girls" aka you didn't know and they weren't rich but products of what parents gave them . I understand but it's just dependent on what people like especially when most rich/famous people don't even pay for what they wear .. ✌️
@@tacotom3492 Bo,y you all in the kool aide and don't have a clue of the flavor
I do agree with you!! My ex was from a family of means. They were super rich, had huge businesses in foreign countries, connections with the mafia and equally with power politicians, so I had first hand peek at their lifestyle. The luxury brands were secondary to them, because everyone in their social circle could afford LV, Gucci etc - even the limited edition items. So these things rarely mattered. I was always astounded by the dollar value of their suits/dresses in the few parties I attended because of her, but within themselves they didn't care. What they actually flaunted were bigger things like yatchs, private planes, or how some powerful business guy or politician invited them for dinner to another country or how they get special treatment when they walk into Swiss banks lol. It was a different world. You could very well be carrying a first copy LV bag and no one for would believe that it's not original, because that's not expected of anyone in that social setting. It's not a bag to flaunt anymore but just a norm on how you need to accessorize or carry yourself among those guys!! So the inherent value of these brands are nothing for the ultra rich, they can only be worshipping by the middle class!!!
Real FU money and influence is not about buying things. It is about buying people. Lesser rich people, politicians, their little companies, information about people from other people, and especially "charitable" "foundations" that are actually all political fronts and the nervous centers of every agenda.
Of course they don't discuss about clothing. But it doesn't mean that they don't pay attention to clothing. They do, and a lot.
How did u broke up??
Co-signing on this comment.
Source: trust me bro
To be honest, it is how you carry yourself. It is how you see yourself that actually really matter. No amount of money can define who you are. You define yourself and show other people that we shouldn’t be looking for anything but how we treat other people around us.
So true
What an amazing video! I recently traveled to Azerbaijan and just outside of Baku, the capitol city, there is an entire mall dedicated to “dupes”. I found dupes that are so hard to recognize they are fakes. ‘The truth is, people with money talk about how expensive it is to have money, and people that don’t have wealth buy expensive so they don’t have to talk about being middle class.
I wonder if part of the reason that the ultra rich wear more "low-key" luxury items isn't just about them exhibiting the philosophy "show, don't tell", but also a defense mechanism against being seen as absurdly wealthy by common folk. Who's more likely to be mugged in an alley: the grandpa wearing obscure, thrift store looking items, or the moron fitted with Cuban links, a Gucci belt, and a Louis Vuitton shirt?
I agree with this theory.
Having known people from the upper class, this is very true. Especially if you are someone who lives in the city. Flaunting your wealth just makes you a target for theft.
If you’re truly that rich, you most likely are not gonna be in areas where you have to go down dark allys or getting mugged. They have a much safer and better area that will have everything they need. It makes more sense that you can spend a ton of money and be casual about it cause you have that type of money.
This would be my reasoning as well
Yes, but at the same time they are still flexing their status. They want to be able to know who belongs among them and who doesn't.
Even at a young age, I always hated brands that plaster their logo all over their products. Luxury or not. When I buy something, especially clothes, I always prioritize quality materials over the brand. Most common luxury brands use lesser quality materials
I saw bags from Michael Kors or whatever name is. It was very good quality bags. Brand names using very good quality fabrics and materials, good complex design. Especially brands from Italy.
This is just false. Unless you're buying fakes and counterfeits luxury items do use good material or quality.
@@hwiseongahn
I think you misunderstood me. I’m not saying luxury brands (like LV and Gucci for example) are using poor quality materials, like leather. Rather, they’re not using the highest quality leather they could be. For the price, I personally would expect leather from a top tannery like Horween, but it’s almost impossible to find exactly where their leather comes from. If it did come from Horween, you’d think they’d be proud to say so instead of hiding it in their descriptions behind buzzwords
Honestly I prefer unique and high quality clothes. Especially the vintage ones that are hard to obtain.
@@ardimarcs7698 perhaps you're right, I'm not familiar with those terms. I think luxury items are still incentivized to use high quality or else they would be clowned by the internet and general publix
"It is not the man who has too little, but the man who craves more, that is poor."
-Seneca
The bills don't care about your philosophy
@@leonrobinson8180you didnt understand the quote first of all😂
@@NCSheriff7 It's a simple concept "galaxy brain". Being content vs being greedy.
:D its says a man who has "too little" and not a man who has nothing and and dies of hunger and homelessness, because he cant pay the bills. And the man who craves more IS and feels ALWAYS poor, no matter how rich of life or money he is.
youre definitely broke.
My home and vehicles are paid for, and I have no debt whatsoever. THAT feels better than owning a 30k handbag. A $200 purse will do just fine, thank you!
As someone who worked as a personal stylist for 5 years in London, I can tell you, fit over brand always wins in style. Why pay thousands when you can pay a good couple hundred to have the same thing made custom.
Plus it will be your one of a kind.
Yes, absolutely. I would go for made-to-measure garments and handmade leather shoes made and fitted to my own last, every time.
True.
I have a fitting problem so I have to have my street clothes made.
I literally Shop at discount stores, and ALWAYS receive compliments on my outfits, and asked where I bought the items from. What most people fail to realize, it's not about the item, it's about how you pair the Items. I always look like a million bucks, with plenty of money in my Bank Account!
growing up poor we shopped at discount and thrift stores, now that i have money i still shop there, i do have a few custom suits i had made when i was overseas. People always comment on how i dress and are shocked when i tell them where i shop
I don't look at brands anymore. I buy what I like and gets compliments for it. I buy italian dresses from unknown brands while other men buys Boss dresses because that's supoosedly what you need. I spend half the money they do on clothes or less but I get the compliments.
I love thrifting and sustainable fashion, and I also have a love for sewing and textiles, so I’m getting quite good at spotting well crafted pieces made from quality materials. It is astounding, what I’ve stumbled upon in thrift shops, especially thrifting in areas with a wealthier populace. I did a thrift haul the other day which cost me all of $72, which if purchased new would have been easily $400-500+. Nothing with any designer logos. In fact most of the brands I’d never heard of before. But all fine materials (cashmere, pashmina, rare wools and silks, etc) and beautiful craftsmanship, all in perfect condition. These clothes will outlast even me. Cost me almost nothing but will have me feeling wondrously classy to wear.
@@CaterpillarFriend I have a winter jacket from Lakeland Wisconsin that's older than me and I'm 51 years old. Still looks quite new. The thick woven fabric is almost indestructible. Got it at a Salvation Army shop in Norway.
@@Kulumuli That’s a fantastic find! Natural fibers, especially fine wools are so satisfying. I think something surviving long enough to make it into a thrift store already inspires confidence. Loads of gems to be uncovered in thrift shops.
I literally have no idea why people who are on a minimum wage income who can barely afford rent buy luxury crap, it literally baffles me as to why they would rather “look marginally better than average” than actually have money in their savings and can afford basic goods, needs and services
Or at least get a real hobby.
Wow so Wal-Mart brands only Poor people 😂 isn't this rich. So I'm poor cause I saved up and bought a LV Speedy Bag, but I shouldn't have been allowed to buy it cause I'm poor 😂 lmao
@@Dongalasweet never said you aren’t allowed to buy expensive things, I just think there are better things - more tangible things it could have been spent on to better improve one standard of living
@@Dongalasweet youre allowed to buy it... And we're allowed to point out how reckless and ridiculous it is.
@@Dongalasweet it's the WAY you use your coins, not that you shouldn't indulge once & a while. like pizza for bodybuilders if they did a weeks good goals reaching workout. Or that highball @ the end of the day that Lena let herself have when she did a good rehearsal.
It's more important to Stay Fit and be Healthy than to wear a brand.
Spending money on good quality, nutritious food is an investment along with exercise. Optimal health at any age is priceless.
I move in many circles and they are all the SAME, they all love luxury given the ‘ability’ to choose … what human doesn’t. Differing levels. Some like loud flashy and some like more subtle. Old money, new money is all the same nowadays. Money is money. You can’t buy class. I have been wearing quiet luxury for years, suddenly it’s become fashionable. Fashion is different from trends. Rich in heart will always be something money can’t buy. Just do what you love, and do it for yourself because you enjoy doing it. Confidence can fool anyone into believing you, the most powerful people in the world wing it everyday.
EXACTLY! I literally live and am related to very big money. at $30m net worth my family is one of the poorer members. They absolutely do wear luxury and Louis Vuitton with the LV plastered on it. except they may go for a different item like a clutch instead of a casual bag to haul goods. My MIL is worth 1bn ( biggest landowners in a major city in Canada) and she has Chanel and LV. While it's true that more of the middle class are wearing luxury it's about how many they have and if they also have a big house or penthouse to go along with it. NO middle class person is spending $15000 on a BIRKIN. That is because you would have to spend 1:1 or 2:1 on other Birkin items so a total of $15000-$30000 before being offered a Birkin. He needs stop this nonsense to make people that don't buy luxury to feel closer to Jeff Bezos. I agree with your comment alone.
True luxury is time. Not having to work extra or at all to do or buy whatever you are into.
I once watched a documentary on the ultra rich where they interviewed this mega millionaire and asked him what was the biggest luxury for him... his answer? Time. Time for being with his family, for doing what he loves, no amount of money can turn back time so he said he valued this the most. I will never forget that.
Yes, time is the most precious good. But money allows you to make the most of your time
It all comes down to whether you are happy after making the purchase. You won’t be if you just wanna show off, but you will be happy if you truly love and want the item, even if people never notice it.
You are just coping.
Working in the industry I found myself very often in Ferrari dealerships with clients. You can easily spot the really rich ones that own collections of cars because they’re always dressed almost casually and understated. The ones wearing flashy branded rubbish are the ones that come in there pretending to belong…
That is so true! My friend worked for a multimillionaire family as an assistant to the wife. The wife would donate some clothes with brand names that we never heard before but with excellent quality.
Glad to see that luxury branding and plastered logos are going out of fashion for some people. It's easier to buy well made, fashionable clothing that doesn't cost you grocery money and starvation. There is a lot going on here that has nothing to do with the ability to buy certain brands. That is where the rubber meets the road.
Do you shop at Kohls?
@@AltaicPride01who the fuck ships at kohls? When it comes to mainstream fast fashion type stores or brands Uniqlo is by far the best. Buying it used is always my go-to.
@@Djaj2000 that was supposed to be a joke! Keep buying that crap from Uniqlo, I’m over it. It’s glorified Japanese Gap.
@@Djaj2000🎉👌🏾💪🏾 exactly my thoughts!
@@Djaj2000Buying it used may benefit the individual but it still feeds into the overall culture though and still drives demand. Outright rejection by everyone is the only way this can stop. Highly unlikely, I know.
As a Lyft driver... I had a 23 yrs old passenger anticipating either a Travis Scott/Nike Dior sneaker drop and she was having a problem pre-ordering it for around $400...
I said to her, "your not saving for a down payment on a house!?!"
She said, "..ain't nobody tryna get no house right now!"
I was like... WOW! 😮😮
While I do agree that $400 sneakers are totally outrageous, I can also say firsthand that owning a house is not all it's cracked up to be either. Home onwership has its pros, but it is a huge responsibility and even if you "own" your home right out with no mortgage, you never really "own" your home. Between property tax, HOA or condo fees, maintenance/repairs, renovations, permit fees, and property insurance, you will spending big $$$ on that property especially as it ages. \
I was paying a mortgage on a house near Austin, TX for 6 years but recently sold it and gave away most of my belongings to move into a small studio apartment where I rent. Life is so much less stressful renting.
To her credit, this is an absolute horrible time to buy a house. The market is trash right now. By the time she is ready to save up hopefully it will be much better.
@@lala86jrso then this is the *perfect* time to SAVE so when the market does correct itself, she had the funds already available. I understand many can't buy a house now, but blowing that money doesn't help them at all either.
@@DevilTrojanChic thank uuuuuuuuu!!!!! When we change our mindset for the better and for long term our current situations will change... this country operates just like the stock market.. every industry fluctuates!!!
Paying somebody else's mortgage when I could be paying mine doesn't sit well with me
Brainwashed
Live beyond your means is the definition of broke people 😅😅
I can confirm that. Everyone I know who is obessed with fashion brands can't really afford it. I know a dude who is behind with his car payments but walks around in ridiculously ugly balenciaga shoes for 800€. I had some luck and managed to accumulate quite a bit of money. I buy quality clothing only but i don't care for the brand. There are some lesser known brands that are of a much higher quality than the typical brands everyone knows and quite a lot cheaper. I had a coat made for me by a local tailor. It fits perfectly, is made of high quality materials and was still cheaper than some machine made Gucci coat. Rich people don't get rich by spending all their money on useless shit like a 1000$ T-Shirt.
I like to stay under the radar anyway. Especially here in germany it is generally frowned upon if someone openly shows off his wealth. When you see me you would never assume that I am in fact quite wealthy. I like that. People behave differently when they know they talk with a really rich person. I am just a normal dude who happens to have some money and I don't want special treatment. Only people who know cars recognise my car for what it really is. To everyone else it looks just like a normal BMW. Only very few people know about my money because wealth creates jealousy and greed. It is disgusting. Money twists people. And I don't want people to bother me because of it.
Exactly, "the love of money is the root of all evil".
I couldn't agree more. The more my finances improve, the more I strive for modesty. I don't dress broke either, I'd just rather have people think about other things when talking to me.
@@e.l.2734 Yeah, exactly. Either people act weird or they try to sell you something.
And to be honest it can lead to some pretty funny moments when people don't know.
@@divaxsonto Ostwestfalen. Well, since it is a german manufacturer many of us drive BMW. I love their cars, old or new and I own an old one myself. A 1983 635CSI. But my everyday BMW has some .... let's say unusual extras while looking quite tame on first glance. Like I said, very expensive but inconspicuous. I had it build that way. Ein Wolf im Schafspelz. Never gets old 😄
@@divaxsonto Nice try 😀
I totally agree with your comments. Just grocery shopping I see so many women at the store with LV handbags. When I run into some in the parking lot with those luxury brands, a majority of them are driving either a beat up car or older model cheaper brand cars. IMHO, people who buy luxury brands when they can barely afford rent or put food on the table, are doing it to validate themselves.
A car depreciated in value quickly. There are many “old money” people with old beaten cars too. Your car is also a status symbol. It’s crazy your judging one status symbol because they don’t have the other.
@@VBoo459 What's crazy is you seem to have a 'reading comprehension' issue. Read again, may be read it 3 more times, until you understand what I said. There's no judging in my statement. I stated real-life scenarios that I observed.
Quite the contrary, I also see women with designer bags in grocery store and I see them leaving in a Tesla.
That can be the case. knew a few old money who drove old beaten up land rovers. Also quite a few just use public transport or cycling.
@@AltaicPride01yeah these ppl are making some sweeping generalizations
Being really rich is not slaving for your employer but doing what you want, when you want and how often you want. The most precious thing is time and the luxury to spend it the way you want. Too bad most people don't realize this until they are close to dying and start regretting the things they did NOT do.
exactly this
Many homeless people are rich...they have no employer to sIave for and they do what they want, when they want
@@truthiscensored It is implied that you have a roof over your head and can afford food, utilities and basic necessities. Yet, you are not free because you have to work for it, very often until full retirement. However, if you had a decent jobs, avoided buying silly & way overpriced stuff (e.g. Starbucks coffee, luxury fashion items, latest gadgets, etc) and managed your finances well, there used to be a time when you could retire early. Times have changed and now many people have to postpone their retirement.
This is the most underrated comment I've seen on this app.
I always tell people there's nothing more oppressive in life than time. You're up against it from the second you're born, until the day you di3.
I worked as a private cook for a rich guy once. He was in his 70’s. He dressed in expensive clothes but it was like jeans and a dress shirt, never tucked in, one slipper always seemed to be missing or left outside in the snow somewhere. He didn’t care for appearances, but that could’ve just been more about his age. At some point in your life you’re just too wise or too tired to care about all this nonsense. He cared more about his daughter and his ex-wives than anything or anyone else. That’s all that really matter in the end anyway. Love.
The words "bespoke", "custom", "tailored" and "rare" have more meaning to me than the word "luxury". If you're seeing an LV ad in the subway or at a bustop, it's to market to broke people. Also, Wealth = Etiquette + Elegance. Those who know, know. It's not about what you wear.
The brand logo etc sprawled out across an item is marketed to poor dreamers posers strivers, when the same designer makes an item with the logo almost unseen, that item was made for well off people. The super high end collections a label makes are really not seen but by a few service workers and the intended customers, those folks don't usually cross paths with people who work for an hourly wage.
There are LV bags priced at 200k. You seem resentful
@@martinm8861 those extremely high priced items are not priced because they want to sell them (although of course they won;t say no to anybody stupid enough to buy one), but to advertise the brand to the lower and middle classes, so that those masses want to buy the 1K or 5K items. Or even just the $300 sunglasses . They make way more money selling a lot of 'normal' stuff.
While it says mainstream is more like just LV alone (by sales number not cultural popularity), it is the only brand that has success sold logo pieces, it does not have any design. Old money or quiet luxury does not represent the whole picture at all, there are even exception like Ivy Getty who had John Galliano designed her wedding dress, because it is fashion/art part not the wealth the dress is representing. Some old money are bounded by stubborn rules and wear high quality but f*cking boring clothes. Some care about art, art is another area rich people participate. And some of the fashion if you know a lot about will know is in the art territory. Balenciaga, while has quite a bit marketing, its true design pieces are not remotely mainstream. Yes, you see their “logo line” often on people, but not other stuff, it is also the king of haute couture, which is definitely for the rich people which is definitely not quiet luxury. Gucci, while popular in culture, is a brand of maximalism, other than the bags, few people buy Gucci’s clothes since they are so hard to pull off, the time you need to put in to study fashion/art + the money you will need to get tons of clothes to match because maximalist clothings kinda require are only something rich people or broke fashion industry people will spend money on (even though Gucci’s clothing unlike Balenciaga’s are actually able to be afforded by some middle class). And luxury brands are expensive for the design AND the quality, not just the quality part. I bet some rich people would prefer suits from Alexander McQueen or Bottega Veneta over a bespoke suit from Savile Row for the art/design aspects.
My mother used to call people who wore designer clothes or had flashy watches but no real wealth "All hat and no cattle" She taught us that flashing your wealth is tacky, and a few good quality items is far better than a multitude of cheap trash. I buy beautiful cashmere items at thrift or consignment stores for less than the price of an H&M blouse. Lasts longer, feels better, looks better & is better for the environment. Thanks mom!
does ur mother swallow though?
I agree but be careful about thrift items if you’re a Christian. I’m pretty sure you thoroughly wash them but always pray that their are no evil spirits attached to them from the previous owner
Oh wow mine too she taught me never bring too much attention to myself it attracts trouble.
In Wales they say “All fur coat and no knickers.”
@@SheIsFearfullyWonderfullyMade And what denomination of Christian is that... The Church of Hogwarts? Our Lady of Voodoo? You sound like some villager from the 1700s---come join the rest of us in reality.
I’m definitely guilty of this. I grew up extremely poor and now when i wear something expensive it makes me feel like i have more value, and i feel more confident. Even for those that are not obviously branded. I like expensive clothes that look cheap, but are still high quality. Stuff that has cute images and nice textures. Flashy colours. At my age my parents owned houses. I can pay rent but I can’t afford to save up to own a house. It’s impossible where I live with the current market. And my income is above the median. Wages are low in Canada.
Thos video is making me rethink spending so much on designer clothing when it doesn’t make my life better and i still hate myself.
Yup, but when the housing market eventually crashes and houses become affordable to some degree, you'd be sitting there with full wardrobe of worn expensive clothes and still could not afford to attac housing market and might miss the ocasion
Rethink it. I was once like you. I grew up in the projects. Wanted to wear designer clothes. My mother overworked herself so I could show off. I'll never forgive myself for that. As I grew older, I realize it's all a facade. Be happy with yourself. What you wear and own is not indicative of who you are, rather how you treat people and how you behave is more important. We've been lied to and manipulated growing up to want designer brand. We never needed jt.
You should...these clothes won't make your life better. Just wear what looks cute on you ❤ expensive or not
Sometimes higher quality clothing can be good. I have clothes that are cheap, always have, and they develop holes quickly.
I got some clothes at a tiny bit higher cost when I couldn’t find them on the thrift shop and they’re so durable! My cheap socks would develop holes so fast, I bought expensive socks that gave a warranty to never break and they’ve lasted me so much longer, and if they break I get a free replacement.
I suggest seeing the value in durable clothes that won’t ever break. That’s how value my clothes, not by brand name or anything, but durability.
@@sumilideroyeah dawg bcz if they don’t buy designer clothes they would be able to afford a house?? are black ppl also poor bcz they buy jordans..
I learned the hard way. I always bought cheap and nothing I bought lasted. When I started buying more expensive well designed items, they last. Spend more upfront save money in the long run. Value is all that matters.
This is the vicious trap poor people are in, they can’t afford to wait so have to buy the cheap item now - even though in the long run it costs more 😢
@@mamba101 Buy once, cry once.
This whole "quiet luxury" trend is just the next marketing strategy by the fashion industry.
I think it’s a good one. It stresses quality natural fabrics, a neutral palette, no logos, and fit. Clothes purchased on this metric are likely to, at minimum, stay in your wardrobe as basics and be useful and worn for a long time past this trend. More wears per dollar spent.
It's also quite boring and uncreative, @@entropyvortex2484
Why would the fashion industry want you to buy products that are indistinguishable from others?
@@harrywang4769 to pick your money?
@@harrywang4769 it could be because if you buy their products they make money.
Appreciate that this piece gives a light touch not to completely denigrate consumers of these brands, but to contextualize it in a larger system of manipulation and classism
I never understood why people purchase designer brands. I honestly couldn't care less
I pull 30kUSD a month and spend 3-5KCAD a month, I have a bunch of money left over, yes I spend it on luxury items. Not every single person who wears these is broke but I can see how it’s a problem for poor people. My rule of thumb for anything is if you have to finance it you can’t afford it so don’t buy it
Never met any rich people so I can’t speak to their habits, but from the middle-class end, I’ve been shopping only for natural-fiber clothes (in designs that don’t look too granola x_x) for years now. ‘Luxury’ brands (or I guess luxury-ish) like Tommy Hilfiger, Calvin Klein, Ralph Lauren, etc, are an utter disappointment. $400+ for a dress made of the same polyester blend the $40 dress on Amazon is. And don’t get me started on how abysmally uncomfortable ‘luxury’ shoes are.
Luxury perfume is the only thing that actually has a noticeable difference from cheap perfume, since the synthetic ingredients in cheap perfume end up giving me a headache. And usually, the bottle is expensive but it lasts for freakin ever ^_^
True luxury shoes are handmade to fit the wearer's feet, so they are unlikely to be uncomfortable.
Dress material is not the same...lol
I see a lot of people with expensive loud branding clothes but can’t even put an outfit together
I see more fashionable people from thrifters, recycling what they already have to mix and match and so on…
That’s where you either have a passion for fashion or you’re just flexing while looking dümb
the best way to impress people is not by what you wear, but by kindness, generosity, and service.
Exactly
Yeap good manners says a lot about a person… I’m a flight attendant and we can tell who the nouveau riche are and who’s “old money”. The best passengers are dressed tasteful, crisp and understated with impeccable manners. (in most cases)
And diction.
Or how about intelligence. I don’t care how “kind” you are if you waste my time with stupidity.
No
I love this video. I know many VERY rich people that you would never know by looking at them. Either by what they are wearing or how they act. They will be wearing something understated of quality that will be noticeable to those that know quality craftsmanship. And NEVER once have they ever had to announce their wealth. That is a BIG giveaway.
As a child, I never craved attention with brands since I had an understanding very early on that our household was more humble than most. Not only that, but I saw 1st hand how the market for counterfeit worked when my aunt started to sale them or sale used brand items...it was eye opening to say the least. I saw kids my age and their mothers fighting over what they should buy for clothes and accessories over supplies for the home. It was ridiculous! If the brand wasn't on the front of the shirt at least 3 in large they weren't interested. Now that I have a bit more money I tend to buy some items that would be deemed "expensive" by many, but what they don't know is that I do my research to insure that the materials are good quality to last me at least 10 yr and won't go out of style so quickly. Thank goodness I don't care what others think 😂 at least I have no debt.
Same here. To me the really luxury brands carry stuff that look really cheap to me, like there is a huge lack of creativity. Of course they do have some nice stuff but when you look into it, you feel like it’s really not worth it. For example for leather bags, I make them myself now and I realized so many issues about quality that even luxury brands skim over, such as, your bag is much higher quality if it’s made from as fewer pieces of leather as possible. But most brand bags will make it out of many little pieces with lots of seams visible, because doing so means you make more bags out of a single piece of leather, reducing the cost. Another thing is machine stitch vs handstitch, the latter makes a more durable bag. And this is not to mention the leather itself and the hardware-they almost never use vegetable tanned full grain leather and solid brass/stainless steel hardwares etc etc. My bags WITH actual quality in mind could never cost anywhere near as much as these luxury brands, and I don’t know any other hand made leather worker asking that much either, doesn’t matter how skilled they are.
@@luceafarul579do you have a website for your leather brand? I would love to check it out 😉
As a recovering designer bag shopper, I really enjoyed this video. And the comments made me rethink the definition of "rich". Thank you for this!
I live in Miami, it’s amazing how many broke people wear designer brands. Can’t afford rent, paying basic bills, but they buy LV and Gucci. In extreme debt.
This is good stuff my man! Keep the awareness spreading!
CLASS IS NOT BEING flashy. It's elegance style, not an uniform, not a costume. It's an Energy, attitude,how You move, speak, walk etc it's not All of brands.
I am friends with a kid of wealthy people who I met in undergrad. I've known him for about 5 years now and the thing that always stood out to me was how much he blended in with the rest of us. Dressed casual in baggy no brand clothes, doesn't brag about anything or act obnoxious, actually really well mannered and calm, and even requests that I go with him to hole-in-the-wall restaurants that appear grimey but have good food. I can't say too much but the family owns a company and they have a very nice secluded house. On the flip side I have middle class friends who buy up designer stuff like its candy and have to constantly flex to everyone with clothes apartments etc. The joke is they are spending so much on flexing that they literally live paycheck to paycheck.
I have relatives who are into the branding stuff. I recall when they bought their first suv a couple years back and they came visiting. The first thing out of their mouths after hello, was, "Come and see it." To which my reply was, "Oh, it's ok, I've been in the suv's at work." And then there was the relative that purchased a benz - and then bragged about it - all the while I am thinking, "But it's a used benz. Why are you bragging about that?"
I do remember when our office got its first suv it was a treat to climb in and see how high up you were and exploring the features on the dash. That one had its own compass (this is wayyy before gps). But this was simply exploring something new. It became old hat after going in it for a few conferences.
Because when you have money, you've experienced most things and know how empty they are. While if you haven't, you really want to show people you've made it. Also, designer brands are looked down upon anyway in many wealthy circles, so you have no reason to buy it. Another thing people don't know is, a lot of wealthy people actually wear high quality fakes. I know I have some family friends with massive net worths, but they basically said, people will assume it's real anyway, why waste the money? People assume they spend money in a way more frivolous manner than they actually do. It's why the current obsession with finding wealthy partners is so weird to me. People must not understand how these people actually live. Any normal person can be wealthy, most people just don't want to work the insane hours these people did.
I'd say most people don't understand, they're actually trying to emulate the lives of oligarchs, not wealthy people. People assume(are marketed to) that most wealth is inherited when it isn't. I wish it was... It would make my job of managing assets easier. Sadly, people always spend the money, and we have to find new clients. Would be amazing to run one firm off the same few clients forever though.
Buying designer goods when you aren't already rich will only keep you poor.
i would seriously question someones intelligence if they bought a 30k bag
even if its like you spending 30 dollars?
When you have all the money in the world, why wouldn't you buy the things you want? Of course many don't become wealthy when they splash out on material things.
Will these problems occur if these bags are used daily? I just purchased a metis clutch in monogrammed canvas from the Kusama collection. I love the colorful polka dots and hope they don’t melt on me, haha. But I don't think it will be in my regular rotation. I also have a NoeNoe in the DA but only use it a few times a year in the spring and summer so I don't put much wear and tear on it. I hope I don't see wear and tear for a while. Plus, I'm saving up *hotdups* . Have any of your colleagues experienced the same problem with this size? I don't mind the shape being a little more relaxed, but I also don't want it to turn into a puddle. Thanks for the video!
It’s relative. To them, it’s like spending $30 for a shirt.
That’s why some rich Arabs will pay $200,000 a night to stay at some hotels. It doesn’t hurt them.
@user-lj8yl7ts9x there's a limit to how high quality something can be and it makes no sense to over pay on an item. Once you reach max is there any point in going over? Even if it's like spending $30.
The *yutulux* canvas tote bag actually reminds me of Hermes Garden Party, too. Thanks for making this video on suggesting more budget friendly alternatives. Love it!
A boyfriend of mine had a mom who who buys everything luxury but then also would get anything that was on sale. She'd critique me for wearing non luxury items and I said a bag covered in pokemon makes me happier than one covered in LV and she said "I don't understand why are you so ungrateful" she sees it as a status symbol and I view how I dress myself as a means of expression I don't care who made it I care what It makes me feel like. Then again my career is an artist. 🤷♀️
It sounds like the two of you like different symbols but are otherwise exactly the same.
@@frankhujsa821 It depends on if the mom actually enjoys the LV bag for its own sake or whether she enjoys the image she thinks others see when she carries it. If the latter, then they are not on the same spectrum.
Your previous boyfriend mom was a good woman. She make stock go upsies, which makes me as a holder very very happy. The best louis Vuitton is louis Vuitton stock.
You had a right to be ungrateful because they were inconsiderate with their gifts. When you gift someone something, some empathetic knowledge of a family member is the bare minimum.
Great video, I always thought branding was BS. Loads of brands use the same factories to manufacture their clothes. Style and brands are not mutually exclusive.
I feel, Luxury is actually having the time to do the things we like without having to give up on other important things :)
It’s so true and argued with a girlfriend about this. She wears 9k prada harrods coat, carries a Birkin Kelly bag, wears several Cartier bracelets and a Rolex. I hold her the rich do not dress like this as do not need to prove anything. The rich still dress nice. But it doesn’t all have to have prada, balmain and gucci etc plastered over it.
Red Flag
This is a moment when I’m grateful for being autistic. I am blissfully invulnerable to this kind of pressure and while I understand on a rational level I don’t understand why someone would make the decision to play this game. When buying clothes my #1 priority is proper fitment, because clothes that fit properly look better than poor fitting designer clothes.
I was a lover of some luxury items. No more. I was in a obscure phase that I needed to somehow feel validated. But one day I told myself: "Self, you work so hard to earn money just to spend it so easily..." I am living now way below my means, came back home for some time, no more spending on unnecessary items to proof I'm independent or successful. I deleted all of my social media except my blog and RUclips and I feel alive. I have a sense of reality. Freedom of mind is truly a luxury.
I'll admit that I've been addicted to Ralph Lauren menswear for over 40 yrs (I'm 60). I used to pay a lot for it, but these days I buy ALL of it at GoodWill. ($4.99 per shirt.) I only buy his more subtle offerings, and a lot of them don't have exterior logos, which is fine. Mostly, I buy his clothing because it's classic and because it holds up for decades. Ditto for Brooks Brothers and Peter Millar. Both are fairly plentiful in thrift shops and the quality and styling guarantees that I can wear it for at least a decade. And yes, I'm comfortable and can pay retail if I wanted to... but I never do. Never. It's a lot more fun letting everyone else pay for it, and then I get it for (almost) free a season or two later.
You are a real man
My Dad did the same and so do I :)
There's no shame at all collecting something like Ralph Lauren over the years. This video doesn't take into account that some people like to collect clothes as a hobby
I like your thinking! I do the same with kids clothes (Gap) & designer dresses or vintage dresses I restyle for myself.
Very sad.. that you can buy RL at goodwill. Cos it either mean one of two things. 1) the economy has collapsed. 2) the people who used them went bankrupt. Or 3) the people passed away...
Money doesn't make you a man. Really wealthy people don't buy any designer clothes or throw away 400 dollars on a basic t-shirt-they buy tailor made clothes and pick expensive materials. Or they just buy good average items that never run out of fashion. They don't buy a sweatshirt for hundreds of dollars if a supermarket discount sweatshirt looks the same. They didn't get rich by throwing money out of the window!
Wealthy people spend their money on good foods (not necessarily expensive foods), choose to live in good neighborhoods and don't overpay on things. If the middle class car does the job, why buy upper class? Unless you drive hours a day or long distances, a modern middle class car has all the advantages only upper class offered some decades ago.
Being wealthy is not showing off or seeking validation from other rich people. It's being independent and living a good life where the basic needs are fulfilled and the absence of fear of not being able to get existential needs.
Ironically most people in the world have reached the status of wealth and aren't in danger of starving or being homeless. However, due to spending grotesquely amounts on brands and things they buy to get validation from others, they are only living from paycheck to paycheck and create a constant fear of becoming poor.
You get wealthy when you fulfill your basic needs and put every dollar not needed for that on the side. Doesn't mean you can't buy something expensive once in a while, but without savings you won't get rich.
Absolutely true. I see so many people walking around London with the 400£ balmain, balenciaga, gucci etc t shirts. Sure a lot of them are fake. But why on earth would you pay that. They don’t even look good for a start