What happens after a price increase?

Just out of curiosity…
Since we have been hearing all about a price increase with Chanels, do you think there will still be a good market/demand for Chanels after the price increase? I’m sure people will not like it in the beginning but we’ll all have to accept it and live with it. I was thinking about the GST in particular because it is expected to go up to 3.3k. How many of you would by it at that price? Will you look elsewhere for the same products (such as ebay) or will you just get something else instead?