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Yeezys, or any limited, high-resell value shoe inherently IS a status symbol. This is no different from expensive clothing or jewelry.
Nobody cares about GR Jordan Retros that you can easily get and won't even sell for their MSRP. Wearing Yeezys shows that you can afford to wear a shoe that is worth quite a bit of money. Like it or not, it does any something about your financial place in life.
Not necessarily because some people won't have a pot to piss in but cop Yeezys.