The Houston Chronicle has come out with a Holiday Gift Guide, and so has the Houston Press. We at the Press pointed out to readers that “the luxury industry has taken a hit just like the rest of the economy, which is good news for you.” We suggested “a silver charm bracelet or even diamond earrings” as a “cool gift for women.” See, we’re no enemy of luxury – get it if you can!
Yet we are still astounded by how outrageous some of the Chronicle‘s gift suggestions are, given the current state of things. Among the offenders:
— a $34,650 natural fancy intense yellow oval diamond pendant from I W Marks;
— a $48,975 diamond bangle from I W Marks; and
— a $14,000 Howard Miller Limited Edition “J.H. Miller” floor clock from Moore Time.
Lordy. You could buy those three gifts, or you could buy a house. Granted, it would be a small house, and the neighborhood might not be so nice, but still: a house.
– Cathy Matusow
This article appears in Nov 27 – Dec 3, 2008.