Desire For Expensive, High-Status Goods Is Related To Feelings Of Social Status

A desire for expensive, high-status goods is related to feelings of social status - which helps explain why minorities are attracted to bling, a new study suggests. Previous research had shown that racial minorities spend a larger portion of their incomes than do whites on conspicuous consumption - buying products that suggest high status. But a new study showed that whites could be induced to crave expensive, high-status products if they imagined themselves in a low-status position...

Source: http://feedproxy.google.com/~r/mnt/healthnews/~3/qtW_RS0slE8/254178.php

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