Quote:
Originally Posted by secretsquirrel
Something that cannot be discounted is the loss of appeal of luxury items the longer we stay in social distancing mode. The longer we stay like this, the more likely people are to reset their priorities. High priced luxury items are going to see a big hit even after we return to normal from social distancing. Some people will always want them, but I think you'll see less people stretching and making as many financial sacrifices for them.
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I can see that but quarantine life and flossing designer stuff is still easily hashtagged and "flexed" for people on social media.
Today's day and age - do people really buy fancy things for their immediate friends or for their "followers" and potential followers?
Fake it till you make it has never been so real.
Personally, I care less about designer stuff right now. As I get older my priorities start to shift to other areas.