KARTRASHIAN-KANYE GOLD TOILETS: THE NEXT AMENITY?

Posted by Leonard Steinberg on July 24th, 2013 This is really important: for a couple known to be full of it, Kim Kardashian and Kanye West have spent just over $750,000 on four gold-plated toilets for their new Bel Air mansion according to semi-reliable sources. Is the gold toilet the next must-have real estate status… [Read More]

IS LUXOFLATION SET TO SURGE IN 2013?

Posted by Leonard Steinberg on January 3rd, 2013 Bloomberg reported that the worlds billionaire’s net worth surged in 2012, some by as much as twenty percent. Does this imply a sharp escalation in LUXOFLATION, our measure of the pricing inflation we have identified in the super luxury markets? I think it’s very likely. ¬†Already we… [Read More]

ITS ALL ABOUT THE POWER

Posted by Leonard Steinberg on December 1st, 2012 So the one half of the $ 588 million (that’s over 11,500 $ 50k/year jobs) POWERBALL winners were identified, making¬† a couple from Michigan instantly super-wealthy and very powerful……I did not hear anybody complaining about the fact that these new-super-rich folks earned their money (overnight and through… [Read More]