For Sale in Moscow
Rose A. Valenta — December 8, 2007 — Art & Design
References: thebunnybungalow & elitechoice.org
This four-story house designed like a huge Fabergé egg is for sale in Moscow. It is listed at $10 Million. It is located on Ulitsa Mashkova in a historic area of the city, which also has elite modern apartments. The house has never been lived in and only recently completed. It has been featured in Russian architectural journals.
Implications - Conspicuous consumption has no end, not for individuals who have excessive wealth and the drive to spend it. Opulent, extremely expensive homes offer consumers one way to let the world know their value; architects and home designers who recognize this can truly take advantage of the growing need for lavishness.
Implications - Conspicuous consumption has no end, not for individuals who have excessive wealth and the drive to spend it. Opulent, extremely expensive homes offer consumers one way to let the world know their value; architects and home designers who recognize this can truly take advantage of the growing need for lavishness.
Trend Themes
1. Luxury Homes - Opulent, extremely expensive homes offer consumers one way to let the world know their value; architects and home designers who recognize this can truly take advantage of the growing need for lavishness.
2. Conspicuous Consumption - Conspicuous consumption has no end, not for individuals who have excessive wealth and the drive to spend it.
3. Architectural Design - Architects can take advantage of the trend towards lavishness by designing over-the-top luxury homes.
Industry Implications
1. Real Estate - Opulent, extremely expensive homes are becoming increasingly popular among the ultra-rich, creating a growing market for luxury real estate.
2. Architecture - Opulent, extremely expensive homes offer opportunities for architects to showcase their creativity and create unique designs that cater to the tastes of wealthy clients.
3. Home Design - Designers of luxury homes should pay attention to the trends in conspicuous consumption and architectural design in order to create homes that appeal to the ultra-rich.
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