4 ms·

Yuppies are being absolutely pounded. They can't spend on credit or rely on an ever increasing stock market to fund their lifestyle. Please provide proof that 9

Yuppies are being absolutely pounded. They can't spend on credit or rely on an ever increasing stock market to fund their lifestyle. Please provide proof that 9/10 yuppies will be fine. I don't buy it for a second. I've got my own analytics which suggest otherwise. Consumer savings rate going up. http://www.creditloan.com/blog/consumers-saving-instead-of-spending/ http://www.creditloan.com/blog/consumers-saving-instead-of-s... bmw sales plunge http://silverscorpio.com/bmw-reports-plunge-in-sales-as-economic-crisis-deepens/ http://silverscorpio.com/bmw-reports-plunge-in-sales-as-econ... wine sales plunge http://wineindustryinsight.com/?p=2073 http://wineindustryinsight.com/?p=2073 hotel occupancy off 11% http://feedproxy.google.com/~r/CalculatedRisk/~3/-j6_abqDrqc/hotel-occupancy-off-11.html http://feedproxy.google.com/~r/CalculatedRisk/~3/-j6_abqDrqc... housing delinquencies move into prime. http://feedproxy.google.com/~r/MishsGlobalEconomicTrendAnalysis/~3/zeXrN0JejR4/fannie-freddie-delinquencies-soar-and.html http://feedproxy.google.com/~r/MishsGlobalEconomicTrendAnaly...

Confusion 18y ago
Those numbers are all across the entire population, while this site is only aiming at the high segment. The question is whether sales of the BMW X5, St. Emilion Grand Cru 1986 and the Bride Suite of the Ritz have also dropped.
- spitfire 18y ago
  Hamptons real estate high end enough for you? http://nymag.com/daily/intel/2009/04/hamptons_real_estate_market_of.html http://nymag.com/daily/intel/2009/04/hamptons_real_estate_ma... Same thing going on in other (supposedly) rich peoples enclaves. and yes, High end champange's have been hit. As has the bride suite. Now, the true high end market has not. But those people are not even watching your shitty cable tv show. They'll be calling quintesentially[1] and telling them to book a vacation. I should also note that Bentley sales are down. But not across the board. Only the new-money models - continental gt/flying spur. So everything aspirational from your low end bmw 3-series, all the way up to your nouveau riche Bentley's are being slammed. I don't have room to post my full analysis - I have actually run serious numbers on this. But the yuppie/aspirational class are really, seriously getting smashed. I would not start a business based on their greed and consumption right now. Now would be a fantastic time to start a do-it-yourself channel or travel/luxury on the cheap. [1] http://www.quintessentially.com/ http://www.quintessentially.com/

Confusion 18y ago

Those numbers are all across the entire population, while this site is only aiming at the high segment. The question is whether sales of the BMW X5, St. Emilion Grand Cru 1986 and the Bride Suite of the Ritz have also dropped.

spitfire 18y ago
Hamptons real estate high end enough for you? http://nymag.com/daily/intel/2009/04/hamptons_real_estate_market_of.html http://nymag.com/daily/intel/2009/04/hamptons_real_estate_ma... Same thing going on in other (supposedly) rich peoples enclaves. and yes, High end champange's have been hit. As has the bride suite. Now, the true high end market has not. But those people are not even watching your shitty cable tv show. They'll be calling quintesentially[1] and telling them to book a vacation. I should also note that Bentley sales are down. But not across the board. Only the new-money models - continental gt/flying spur. So everything aspirational from your low end bmw 3-series, all the way up to your nouveau riche Bentley's are being slammed. I don't have room to post my full analysis - I have actually run serious numbers on this. But the yuppie/aspirational class are really, seriously getting smashed. I would not start a business based on their greed and consumption right now. Now would be a fantastic time to start a do-it-yourself channel or travel/luxury on the cheap. [1] http://www.quintessentially.com/ http://www.quintessentially.com/