Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Intersting that would impact LA - or even my hometown with mot luxury retailer in KOP or Cherry Hill - not that with thee Philly would eba top 5 - maybe top ten but would explain aspects here
Yeah, the more I think about it the more I think that was the case. LA should definitely be on the list and prob Philly too. But if you look at their top 5 - it makes sense that they would only be looking at the cities - NY, Chicago, SF, Vegas, and Miami all have the lion's share of the high end shopping largely concentrated within the urban core. Definitely not the case with LA. I think it would be a more accurate study to at least include the urbanized area if not the metro area. It's weird though, when you look at the actual PDF report LA does actually appear on the list.
Yeah, the more I think about it the more I think that was the case. LA should definitely be on the list and prob Philly too. But if you look at their top 5 - it makes sense that they would only be looking at the cities - NY, Chicago, SF, Vegas, and Miami all have the lion's share of the high end shopping largely concentrated within the urban core. Definitely not the case with LA. I think it would be a more accurate study to at least include the urbanized area if not the metro area. It's weird though, when you look at the actual PDF report LA does actually appear on the list.
not sure Philly would be a top 5 but close if not a top ten
Location: East Central Pennsylvania/ Chicago for 6yrs.
2,535 posts, read 3,279,332 times
Reputation: 1483
Quote:
Originally Posted by DubaiUAE
NOLA, are you saying that luxury hotels don't typically include fine-dining? With famous chefs and some sort of award-winning stature. Luxury retailers also look at tourism. Why do you think New York has the most!? Do you think people in Chicago (not just talking about downtown) who actually live there would go downtown or to a place like Northbrook or Oakbrook for their shopping needs? Luxury hotels, restaurants, shopping go hand-in-hand.
As far as Virgin Hotel goes:
"Sir Richard Branson's new hotel is being built out in the former Dearborn Bank Building, built in 1928. We're told that they will restore and recreate significant historic and architectural elements of the 27-story building."
Not sure how you're getting "hipster" out of that...
She is our NOLA.... She gains GRAFIFICATION TO INSILL STRIFE AND TURMOIL....
No one knows more then our NOLA..... You must realize.... she is a world traveler.... and makes no errors.... HOW DARE YOU....
I went through the LA profile listed in the report and noticed Beverly Hills gets a mention. So I guess JJL might have included the metro areas in its study.
Quote:
Originally Posted by Bluefox
Yeah, I browsed the report's methodology but couldn't glean anything conclusive. But while they frequently use the term "cities" I didn't see any usage of the term "metropolitan area". That being said, a lot of reports will use the term city when they're actually referring to the metro area.
And we already know the list is nonsense. There are 18 million people in the LA metro, and it has the second largest concentration of high end wealth on the planet, after NYC.
Where did you get that from?
London has the most wealth in the world. NYC is 2nd. LA isn't even in the top 10 though.
Personally I can usually see how much wealth there is in a city by looking at 2 things:
1. High end house and apartment rentals
2. High end escorts
The more of these there are, the wealthier and more "important" the city is.
Chicago isn't even close to LA in either of those two regards. Chicago isn't even close to Las Vegas or Miami either, but somewhere down there with Dallas or Houston. You can't live large in Chicago with the $50m penthouse apartments and pornstar escorts. You can however do that in: New York, LA, Miami and Las Vegas.
London has the most wealth in the world. NYC is 2nd. LA isn't even in the top 10 though.
NYC has nearly 2x the billionaires as London, no matter what London-based publications show. NYC has more billionaires and millionaires than the entire United Kingdom.
From Hurun Rich List http://www.hurun.net/en/ArticleShow.aspx?nid=9607
London has the most wealth in the world. NYC is 2nd. LA isn't even in the top 10 though.
NYC has more wealth than the entire UK. There are more wealthy in NYC than in any city on earth. Even London is small potatoes in comparison.
And LA is in the top five cities globally in terms of wealth, and also probably ahead of London.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
