I remember a thread sometime in 2008 where people were talking about not wearing their nice things as often as they had previously. I think there was some recognition that there were people going through very hard times. I don't remember there being as much of a concern about being a target of robbery back then, but maybe I have forgotten that part.
I enjoy my nice items, but I am more comfortable using things that are not obvious for now. I am careful about how much jewelry I wear at one time. In general I am more low-key these days, not that I have ever been very over-the-top, but lately I just want to blend in, not draw attention to myself. I am fine with being invisible. Stealth mode works for me.
I am hopeful things will get better eventually, but it may take time. I remember how bad things were in the 70s, way back in the day, but then things turned around. We are going through a rough patch again now.