That is called speculation, not investing. And it would only be replacement costs that is pertinent, given that shoes are perishable items. You are not going to get more than what you paid when you resell the shoes, unless you are a celebrity, and that brings us to the intangible issues which you point to. In any case, agreed that people like nice things, and will pay for them, sometimes even if it is well outside their means.
4/8/15 at 1:16am