GAW
It can be well argued that an apartment is a necessity an an intelligent investment as owning real estate in Israel is a winning proposition especially if you read the recent articles on how the real estate market is booming in Israel.
Designer clothing is most definitely not a necessity! Its totally for Gaivah especially when taken to excess.
Of course. Everyone’s shver can indulge his SIL with 50K – 100K to “invest” on other people’s Cheshbon (collecting).
How about renting an apartment, just like the rest of the world?
Plain and simple luxury, insisted on by bochrim who have been taught it is their birthright.