Rachel Yager

Dr. Rachel Yager specializes in developing strategies for using new emerging Web technologies to attain high impact business solutions. She has expertise in computational intelligence, knowledge engineering, and business analytics for decision support. She earned her Ph.D. in Computer Information Systems, Masters and Bachelor Degree in Engineering. She advises companies on digital architecture, emerging technologies, and new product R&D.

Vocabulary of Changing Times: Trophy vs. Value Apartment

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In the center of our economic crisis, the marketing concepts used in realty advertisements are adjusting to the mood of our real-estate market. In the article published in New York Times:

Adjectives Get Evicted
By TERI KARUSH ROGERS
Published: March 1, 2009
The new broker advertising vocabulary does not include “luxury,” “prestige” or, heaven forbid, “trophy.” Brand names that used to convey cachet have also fallen out of favor.

A few thoughts and questions come to mind reading this article.
1. Is Value = Recession? That is people search for value only during a recession?
2. Is Trophy = Bull Market?
3. Can I describe an apartment both as Trophy and Value?
4. I think that a trophy apartment is generally also a value apartment because you can resell easier.
5. The word Value does not sound to me depressive, so we are not in depression?

To most people, a fireplace in New York City makes a trophy apartment, but to the couple cited in the article, a fireplace is a “value”. Different words, same apartment.

Amid all the negative news, this “recession” article make me feel good and positive about the future of our economy!

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