What makes things luxurious?
What makes things luxurious? Luxury items tend to be sensitive to a person's income or wealth, meaning that as wealth rises, so do purchases of luxury items. Luxury items can include high-end automobiles and yachts but also services, such as full-time or live-in chefs and housekeepers.
What is considered luxurious?
Although luxury items can be different from one person to another, the following items are considered luxury items in an economy: Haute couture clothing and fur coats. Accessories, such as jewelry and high-end watches. Luggage. A high-end automobile, such as a sports car.