"The price of luxury goods is not based solely on production costs, it is dependent on the value perceived by the consumer. The pricing strategy is simple: How much is the consumer willing to pay to achieve this status, quality, and extra-ordinary experience?
If the product sells, it's because it meets a consumer need."
I agree. The conflict occurs when people need others to share their same beliefs. Not sure why this is even a debate - value is uniquely established when weighed against a set of personal standards. Judge for yourself, vote with your wallet, and let others do the same.