These people wash their cars way more often, get their nails done way more often, haircuts, cosmetic surgery, lattes, car buying, house investments, etc. than any other part of our economy.
Very interesting that you say that. I have a friend who works at a high end salon in Del Mar. Business apparently is doing quite poorly right now. You think people always have to get their hair cut, right?! But I think people are getting their services performed less often or going somewhere less expensive. At the moment, some people working there are mailing out “classy” fliers to upscale neighborhoods offering a one time free choice of service.