The Big Reason Why Birkin Bags Are So Damn Expensive

Let’s face it; Birkin bags have become the ultimate status symbol.

With prices as high as $500,000 for a single bag, Birkin bags are now a luxury that only the rich and famous can afford. Not only that, unless you have actually been chosen by Hermès, resale is probably the only option for obtaining a bag.

Check out the video below and find out why Birkin bags are so pricey courtesy of Business Insider: