small-luxury-world
[Patek]
8725
"Isn't Luxury a small world?" - very good question ...
and an answer also regarding the price ...
Product
|
1976 Price
|
2008 Price
|
Growth |
Silk dress Bill Blass Ltd, classic
|
$950 |
$2,375 |
+150% |
Shirts One dozen cotton, bespoke, Turnbull & Asser, NYC
|
$448 |
$3,900 |
+771% |
Shoes Men’s black calf wing tip, custom-made John Lobb, London
|
$202 |
$5,075 |
+2414% |
University Harvard, one-year tuition, room, board
|
$5,900 |
$47,215 |
+700% |
Opera Two-season tickets, Metropolitan Opera, Saturday night
|
$480 |
$4,373 |
+811% |
Filet Mignon 7 pounds, Lobel’s Prime Meats, NYC
|
$50 |
$238 |
+376% |
Psychiatrist Upper East Side, NYC, 45 minutes standard fee
|
$40 |
$325 |
+713% |
Lawyer Established firm, NYC, average hourly fee for estate planning by partner
|
$80 |
$850 |
+963% |
COMPARED TRENDS BETWEEN THE CLEWI AND THE CPI
The CLEWI can be compared to the classical CPI (Consumer Price Index) which indicates the price level of selected items for the average American consumer. Interesting enough, the gap between the two index increased year after year until today. This means that the price of the items inside the CLEWI increased more than the price of the CPI items. In other terms, being extremely rich costs more and more money.
Source: Forbes 2009
Best my friend
Oliver
FF bracelet (small review)
Thanks, Oliver! Great post.
Totally agree with your points, Oliver
"Isn't Luxury a small world?" - very good question ...
It's a good thing....
Wow, Oliver, that is an impressive answer!
