What are the status symbols in the United States?

I have to do a project about the Status symbols in the united states nowadays. For example in my country an iPhone is an status symbols because just the people who have lots of money can get it. I would like to know what inventions, objects, etc are the status symbols in the united states.

I'd have to say that designer clothes and/or accessories in addition to expensive technology like iPhones are the major status symbols of our time and culture.

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