Since Covid 'they' say people are more interested in travel and upscale experiences. People are no longer interested in accumulating of 'stuff.'
I think it's more of a cyclical thing.
People used to spend all their time at work. So they wanted their homes to be their fortress.
Covid happened and people spent all their time at home. By government mandate. They got tired of being at home for work.
Now people don't want to be at work or at home. So the want go somewhere.
In other words Covid caused a shift in where people don't want f to be.
The don't want to be at home or work. They now want to be somehwere else . So that is where disposable income spend has shifted.
24 February 2025
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