No, I can't. I assume it's something to do with having to be in fashion or bragging that you can afford them.
It seems to be a status symbol to pay a ridiculous price for something silly. I don't understand it.
Don't knock Ugg boots. I am an Australian, and being that they are originally an Australian product, I won't stand for it. :-)
Some people just need expensive animal skin/fur to make it look like they have cankles. No big deal.
They're incredibly comfortable and warm. A lover surprised me with a pair one winter some years ago, and I've liked them ever since.