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News you can use: Falling interest rates make that Rolls more affordable

Reporter to the Rich and Richer Sarah Schweitzer scoops the Herald again on how some people are saving money in these troubled times:

...One executive, who asked not to be quoted by name, said that as a business owner, he is not immune to the economic downturn, which has cut into his company's profits. Like many Bostonians, he said, he is watching his spending habits and has cut back on dining out and is traveling less. But that didn't stop him from recently purchasing a Ferrari. ...

Question for the Globe: Isn't it somewhat lame that you run a story about fin-de-siecle spending by the uberrich only a couple weeks after you ran a story complaining how the new Natick Mall is going down the tubes because rich New Englanders don't know how to spend money?

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Comments

Theres one big difference though. The Natick Collection stores depend on alot of their business coming from middle and upper-middle class customers. These folks are cutting back across the board on most luxuries these days. Not quite the same market as a Ferrari or Rolls Royce dealership that targets the ultra rich.

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