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450 under is a good price.$475 a good price for black/white?
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450 under is a good price.$475 a good price for black/white?
Not disagreeing with you. But I personally consider a Rolex, Patek Philippe or Cartier watch for example as a status symbol over a pair of kicks.Glad to see someone on here has some knowledge of economics.
ANY good's market value is determined by the demand and, in turn, the price people are willing to pay for it.
The high market value of a product is what makes them a status symbol.
Yeezys might have a low MSRP but they have a very high market value, as such. So even if you get lucky and cop for retail, you are leaving the money on the table had you sold them.. As someone else mentioned, some people cop to flip to pay rent because they need this money more than the shoes.
Ain't terrible. I personally wouldn't pay that right now. Just think roughly 20k more Yeezy's about to be in homie's hands. I'm gonna try and hold out to $400 if possible...$475 a good price for black/white?
Yes, market value is determined by demand that's for sure.Glad to see someone on here has some knowledge of economics.
ANY good's market value is determined by the demand and, in turn, the price people are willing to pay for it.
The high market value of a product is what makes them a status symbol.
Yeezys might have a low MSRP but they have a very high market value, as such. So even if you get lucky and cop for retail, you are leaving the money on the table had you sold them.. As someone else mentioned, some people cop to flip to pay rent because they need this money more than the shoes.
Yeah, and that's fine I agree.
I'll be honest. To me, these are shoes are downright ugly. Ain't knocking fans of these, you see i'm just in it for the heck of it.
I've yet to actually hold a pair, hence my curiosity.
That's it; it's simply the intrigue, although i wouldn't be shocked if i sold em off.
Sneakers are "status symbols" to other dudes at best, not really to the ladies.
Just remember that.
Yep they did just Champs only. They will lie & say they don't get Yeezy's smh.
Sneakers are "status symbols" to other dudes at best, not really to the ladies.
Just remember that.
It still makes them a status symbol, nonetheless. It happens in business all the time, men will wear expensive watches and dress shoes to impress other male, business partners in order to project success.
I'll gladly trade all my Yeezys for a pair of Nautilus and forgo all upcoming Yeezys for life. Lol.
Not disagreeing with you. But I personally consider a Rolex, Patek Philippe or Cartier watch for example as a status symbol over a pair of kicks.
Yes, market value is determined by demand that's for sure.
But let's just say a pair of Yeezy in the grand scheme of things is at the lowest tier of "status symbol" to be honest.
To be frank, if you need possessions to add symbol of status then either you're lacking confidence or you're only going to attract the whole kind of people.
Yes definitely the case, but that is prevalent only the lower to mid segments where they actively try to validate and move upwards by trying to impress others.While I agree that material possessions and money shouldn't determine value, people often use them to help with their own self-confidence (along with their looks) through other's validation. Think about all the people who post fits on IG for likes and whatnot.
Also, having expensive goods can sometimes be an indicator of financial success but you have the case of the dude wearing Yeezys on the train, as someone else mentioned, but I still think this is an outlier. Granted, I would judge someone's financial success more on the place they own and the car they drive than the sneakers they wear.
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Very good morning. 100% on champs app. I got the only size 9 at champs Brooklyn for the Heiress 11's.
Not disagreeing with you. But I personally consider a Rolex, Patek Philippe or Cartier watch for example as a status symbol over a pair of kicks.