B2 – Upper Intermediate
In the midst of the economic crisis and financial uncertainties, the market for used luxury products is booming in China. More and more owners of such items now know that they can make good money from their luxury goods and on the buyers’ end, they get a good bargain.
Listen to this audio and read the transcript about the growing popularity of used luxury goods in China.
https://learningenglish.voanews.com/a/in-china-used-luxury-goods-growing-in-popularity-/6768412.html
Discussion Questions:
- Why are second-hand luxury products becoming popular in China?
- Is this trend happening in your country too? Why or why not?
- Do you think it is a good investment to buy luxury items in the middle of an economic crisis? Explain your point.
- Do you have luxury items and would you be willing to sell and why?
- What are ways to get through an economic crisis?
4 replies on “Used Luxury Goods Growing Popularity”
1. Why are second-hand luxury products becoming popular in China? Due to the increase in the number of people wanting to sale their luxury items has led to a drop in the prices, along with increased interest from buyers who want to save money.
2. Is this trend happening in your country too? Why or why not? I don´t have enough information to know if this trend is happening in my country, but I supppose it is, due to the globalization. Trends are spreading fast al over the Word
3. Do you think it is a good investment to buy luxury items in the midst of an economic crisis? Explain your point. Yes, I think so. In the middle of an economic crisis is when the second market develops the most, regardlessof the items sold.
4. Do you have luxury items and would you be willing to sell and why? I don´t have luxury ítems, but if I had gold jewelries, I would sell them, because in an economic crisis, the Price of the gold tends to go up.
Well done practicing your writing by answering your lesson’s discussion questions.
See some minor changes you can make in the following sentences:
Keep up the good job!
1. Why are second-hand luxury products becoming popular in China?
people are realizing that they can earn money from luxury goods the don’t use and also buyers can buy these products in a cheaper way.
2. Is this trend happening in your country too? Why or why not?
I dont think so because here there arent so many people who can afford these products, and mnow less beacuse of the crisis we are living
3. Do you think it is a good investment to buy luxury items in the middle of an economic crisis? Explain your point.
i dont think so because you should protect your money with other investement vehicules like gold and so…
4. Do you have luxury items and would you be willing to sell and why?
i dont have luxury items. if i had them and i needed the money i would sell them if not i would keep enjoying them.
5. What are ways to get through an economic crisis?
i think you have to diversify your monery in order to reduce possible loses. You should have your money in differents investment branchs like real state, raw materials, markets, crypto and so.
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