Monday, March 16, 2009

high end buyers

i have been suprised at the high end places that have slowed down now...like neiman marcus even.....last week i talked to a mother whos dh had a real good probably safe job....BUT they have lost over half of the college money they have saved for their kids over the last 15 yrs.... in the stock market...
so thats where shes coming from when she decides what to spend on...

1 comment:

Susan said...

Big article in the NY Times the other day talking about how Bergdorf Goodman, Barney's, etc look like museums and not department stores because there is no one there. And then in the paper yesterday...real estate in the Hamptons is just sitting...the super money people were thrown overboard in this economy!
Susan