Steven Taffel, the owner of Leffot, said that the recession had caused men to look for shoes that offered more value for the dollar, even if they were more expensive. While they may cost $600 for a style of cap-toe boots, Alden shoes, if taken care of properly, can last 15 to 20 years.

At Their Feet, Shoes Crafted by Hand - NYTimes.com

Every time I see this argument I shout at my computer. Luckily there’s no one at home right now. I’m sorry, but no one, ever, has gone out and bought a $600 cap-toe boot because they’re looking for “value” as a result of the recession. A $50 boot will last just as long “if taken care of properly”, and if even if it fell apart after a couple of years it would still be cheaper to just replace it periodically.

Source: The New York Times

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