Hacker News new | ask | show | jobs
by nommm-nommm 3505 days ago
Um isn't that exactly what designer purses and clothes are? A $300 pair of jeans doesn't cost 100x more to make than a $30 pair of jeans.
1 comments

A $300 pair of jeans also isn't indistinguishable from a $30 pair. And you're talking fashion here, where the value is derived from the associated brand. That's not at all the case with people buying up a $60 item and reselling it for $600. They are providing literally no value at all to the buyer.