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[–] 7 points 1 year ago (1 child)

Median income isnt the whole story as rent, transportation, medical, and other costs have increased at a greater rate so people dont have the money to buy the 1500 dollar washing machine.

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  • [–] 5 points 1 year ago

    That is true to an extent, but the main point is that it's not like the past was a glorious land of milk and honey where everything was cheaper and easier. I am always amazed when I see how much things used to cost back then compared to incomes, especially TVs and other electronics. That's a big part of the "built to last" reputation of older goods- they were literally built better, but they were also priced accordingly. A cheap appliance back then was a used one. There simply wasn't an option to buy a cheap one new.

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