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Comment by goalonetwo | Hacker News Reader

anyone spending 20k$ on a handbag lost all touch with reality.

Same with any luxury good really. People are spending 100k on a car thats effectively no different than a $5k one considering driving in a way to actually take advantage of the capabilities of a $100k supercar is entirely illegal. People spend as much on prestigious private college that delivers the same classes as any public school.

    > prestigious private college

I would disagree here. The point of prestigious private colleges is to mingle with other high status, wealthy people. Plus, you will have a much easier time getting jobs because of your status badge.

There are wealthy, high status people in the public school too, and employers really don’t care where you got your degree these days. If anything, state flagship public schools skew larger which means economies of scale grow the variety of available internship/research and other opportunities.

There are such things as tracks where you can drive your super car on the weekend and take advantage of the capabilities.

What percent of these owners do that? Probably a single digit number if I had to guess. Orders of magnitude more people use that horsepower to drive like an idiot on the public road.

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