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The answer to this question depends on the questioner's definition of luxury which is highly subjective. As a definition, luxury implies something that is above basic need, and so, in certain economies and countries, it may be possible to buy a "luxury" home ie one with hot and cold running water, a safe fire place and some form of electricity for around å£5000 or less.
What else can I help you with?
What extravagant items would you purchase if you won a massive pot of money in the lottery?
If you won a large sum of money in the lottery, you might choose to buy extravagant items like luxury cars, designer clothes, a mansion, or expensive jewelry.
Why did France sell the Louisiana Purchase to the US?
Napoleon I needed the money for future expansion in Europe and his war against Great Britain.
Where can one purchase a Coach money clip?
There are many places where one could purchase a Coach money clip. Some of the best places to purchase a Coach money clip would be stores like Amazon.
Is there such thing as a luxury tax?
Yes, but it is not always called a luxury tax; it may be called a surcharge, an excise tax, or something else entirely. It is generally triggered by the purchase of a "non-essential" (luxury) item (such as a yacht, private jet, or a high-end motor vehicle), and requires the buyer to pay taxes on the purchase at a higher overall tax rate than the rate he would have to pay if he had purchased a non-luxury item. An extra tax surcharge is imposed on all or part of the purchase price of a luxury item (and the tax laws define what constitutes a "luxury" item). Some states impose a "luxury" tax on the purchase of cars that get too few miles to the gallon, apparently because the buyer can afford all the extra fuel he'll need to operate the car.
Would Ford Fiesta cars be considered as compact cars or luxury cars?
Ford Fiestas would be considered as compact cars. They have much better fuel consumption than most luxury cars and can save the owner a fair bit of money on gasoline every year over a luxury car.
Did Columbus get paid to go on the trip?
yes! He did. Queen Isabella and king ferenand paid money for his voyages if he would bring them wealth from India
Would a bank draft be required to purchase a home?
A bank draft would be required to purchase a home because it guarantees that you have the money to pay for your purchase and that you have sufficient funds to make your payments.
How much money would gamestop give you for your sony PS1?
They do not purchase a PS1
How would colonies help england make money?
America had the resources that England needed to make money.
The demand for a luxury good whose purchase would exhaust a significant portion of one's income?
The demand for a luxury good which when purchased would exhaust a significant portion of one's income would be considered relatively price elastic. Elasticity measures how responsive a particular economic variable is to a change in another economic variable.
What changes are needed for deodorant to be anti white marks?
It would be imperative for you to purchase an invisible solid.
Which does not help explain why 800com canceled its IPO?
It needed a lot of money to finance its operations.
