Comment Theory of why rich people like exclusive items (Score 1) 193
I have this theory that rich people like having to waitlist for luxury items. This is not so much for the items themselves (although they to provide a nice status symbol), but to experience what it is not to be rich and having to actually lust, expect and wait for something. If you want, to experience a kind of elusive desire for something they don't have. Most of the common goods they can have immediately, this makes this common goods, irrespective of actual price, worthless to some degree.
We relatively poor people experience that all the time even for somewhat mundane items like a telephone or a car. How lucky we are. Truly poor people experience that for essential goods like food, and that sucks.
In other word, it is not possession per se that create happiness, it is the desire, expectation and sense of achievement that corresponds to this possession that matters. If one is into possessing things of course.