I definitely know what you mean - Chanels as an investment (though I would never go there) would definitely be outdoing anything in my 401k... but seriously, don't you think it has to end somewhere? If they keep jacking up prices at this rate, they'll be $10k for a mini by the time my 4 year old starts high school! (by my unscientific calculation/projection)
I guess it's the same as with art: buy it cause you love it, all else will follow.