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points by r0fl 3 days ago | 0 comments

8.7% annual inflation is pretty high but most luxury goods have kept up with that

Check Porsche 911 / Boxster pricing in Canada over those years or Chanel bags

Luxury inflation > normal inflation

[–] paxy 3 days ago

Computers are a “luxury good” now?

[–] SkyeCA 3 days ago

Ones made by Apple? Definitely. There are other cheaper options.

[–] mahboi 3 days ago

The cheap ones have gone up in price even more as a %

[–] jkahrs595 3 days ago

In what world is the latest and greatest Apple product NOT a luxury good?

[–] r0fl 3 days ago

Yes, Apple iPad minis are luxury goods

[–] Grombobulous 3 days ago

If we remove the last year of AI-related storage/RAM cost increases, the rate of inflation is way lower if not flat.

The iPad is not the only device that has had price increases in the last year.

[–] mahboi 3 days ago

Luxury inflation is more than normal inflation, but this isn't a luxury even though it's not necessary, and the price isn't going up due to the steady cause of inflation (money creation).