Has the Luxury Apartment Boom Peaked? 

Hamilton Nolan · 02/29/16 09:20AM

During the furious stock market boom of the past several years, the only apartments you could find anywhere were exclusively glass-walled luxury penthouses, priced at $85 million. It seems, however, that we may be waking up from our cash-induced fancy apartment haze at last.

What Rich People Mean By "Beneficial" Use of Capital

Hamilton Nolan · 06/03/14 09:22AM

These days, it's not enough to simply direct vitriol at the rich; you must put the offenses of the rich in the context of society as a whole. It's not just that they dedicate their lives to decadence in a sea of want; it's that they want credit for it.

Boycott Uber If You Don't Like It

Hamilton Nolan · 01/08/14 12:59PM

Uber is a luxury car service that sells increased convenience for a high price. It may be seen as a symptom of a wealthy lifestyle which rubs many people the wrong way. So what should you do if you don't like Uber? You should not use Uber.

Hamilton Nolan · 12/02/13 04:04PM

Business is booming in the superyacht industry. Boats now offer "pools with mechanical floors that can be raised or lowered to create a plunge pool, children's pool or helicopter landing pad."

You Can Vacation at a Fake Shanty Town With Luxury Amenities

Hamilton Nolan · 11/25/13 03:27PM

Though "authentic" tourism experiences will always carry a whiff of the ridiculous, a case can be made that visiting a country's slums does have some redeeming side effects. Unless you're visiting fake slums built inside a luxury resort.

Hamilton Nolan · 11/13/13 05:17PM

One day after the world's most expensive artwork sold at auction, the world's most expensive gemstone—and $83 million pink diamond—has sold at auction. The real winner here: the proud diamond miners of Africa.

Cheap Crap Redefined as Luxury Goods

Hamilton Nolan · 09/05/13 12:42PM

As the American economy chugs along in the boom before the doom, you, the consumer, are no longer willing to settle for cheap, crappy items at low prices. And companies have heard your cries. They now offer cheap, crappy items at higher prices.

Dolce and Gabbana Sentenced to Sexy Italian Jail

Caity Weaver · 06/19/13 01:46PM

Luxury fashion designers Domenico Dolce and Stefano Gabbana, two men who have almost certainly personally adjusted the breasts of many of your favorite celebrities, were each issued a jail sentence of one year and eight months on Wednesday in Italy, for tax evasion.

Luxury City Nearly Complete with Construction of Empty Soulless Towers

Max Rivlin-Nadler · 05/19/13 09:15AM

New York City's luxury housing boom, which has been a trademark of the Bloomberg administration's distaste for building substantial housing for anyone but the superrich, has reached its astounding conclusion: massive condos owned by people so rich, they don't actually live there.

Why Do Assholes Love Watches?

Hamilton Nolan · 01/24/13 03:05PM

When you think of "things that self-aggrandizing assholes like," you may think of flashy jewelry, or exotic sports cars, or misquoting The Art of War. True enough. But there is no single signifier more characteristic of the upwardly mobile, ostentatious yet fundamentally insecure, braggart asshole male than an expensive fucking watch. See this? It's a Breitling, bro. Don't touch.

America's Strategic Supply of Million-Dollar Homes Is Dwindling

Hamilton Nolan · 12/28/12 01:30PM

The Great Recession of the past several years took many things from America: our jobs. Our financial resources. Our pride. But as the economy returns to its former glory, we now face a new peril: our national supply of mansions is getting dangerously low.

Maybach Is Dead, and (Joke About Rappers)

Hamilton Nolan · 11/30/11 10:26AM

After a solid decade in the "luxury cars whose jaw-dropping price tags are a marketing tool rather than an accurate reflection of the cost of the good in question" business, Daimler is putting an end to its Maybach line, due to the fact that it somehow did not make a profit even though you could buy enough Lexuses to form a Voltron-like robot for the price of a single Maybach. Anyhow. On to the real news here: