Quote:
Originally Posted by LP670-4 SV
You know you live in a pretty damn nice city when you see supercars to your left and right.....
I went to toronto and calgary this summer, and its hard to even spot Mercedes and BMW's.
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Not neccessarily true. Just cause you dont see mercedes and BMWs everywhere doesnt mean people are poor. They just dont see the point in showing off with their money. Ex. Just like how North Vancouver area where houses cost over 5 mill. Those people may only drive a 1996 jeep grand cherokee and passat.
The reason why we see so much BMWs, Mercedes, supercars is because the new wealth is all about "face". Especially coming out from a poor status to becoming rich(New money from china), you would want to flaunt all your wealth and chinese need "face".