Economists call these Veblen goods. The high price is the point and counter-intuitively increase demand since the goal is to display wealth. https://en.wikipe

Economists call these Veblen goods. The high price is the point and counter-intuitively increase demand since the goal is to display wealth. https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good