I believe that many people use personal possessions as a form of conspicuous consumption. Even though people have expensive items, it does not mean that their items are better than the cheaper ones that are available. First of all, houses and the location of the houses take a huge role in placing someone in a certain social class. When driving through different neighborhoods it is easy to distinguish between the lower class and the upper class. Large houses are a major conspicuous consumption, because they are not a necessity of life, they just symbolize a certain level of wealth.
Jewelry is another symbol relating to one's social status.
Jewelry is a very expensive personal possession. People who have the money to buy these possessions wear them in a way to show off to the public. These possessions are also not needed for everyday life. Finally, shoes are a noticeable item that many young people use to show wealth. For example, Dr. Martins, Michael Jordans, and other name brand footware.