"People who can spend $6 million or $7 million are still spending it. There is word that a property in Avalon went for $9 million in cash"
What point would there be in conspicuous consumption if suddenly those consuming conspicuously were to have their whims denied by the market forces that dictate mass behavior? The needs fulfilled by the purchases of the very wealthy have virtually nothing to do with such plebeian needs as safety, hunger or shelter; rather, they fulfill the ego's need to fly in the face of that which limits or constrains "everyman". For the ruling class, the spending of money is proof positive of superiority; therefore, what better time to buy than when most fear or can no longer afford to borrow? ------------------------ Yahoo! Groups Sponsor --------------------~--> Get to your groups with one click. Know instantly when new email arrives http://us.click.yahoo.com/.7bhrC/MGxNAA/yQLSAA/Y2tolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
