BG, you have it wrong… Consumer expectations have changed. Lifestyle have changed.
People today want brand name designer clothing. They also expect granite counter tops. And they definitely can’t live with popcorn ceilings.
Interest rates are lower, so people drive more expensive cars today.
And BG, it’s true that people are not as handy as you. I have a friend who can’t fix a small sink leak.
People today don’t improvise as easily to fix things around the house. Look at the proliferation of expensive cleaning products all specialized for different applications.
If people can’t improvise and end up buying a house based on the countertops, then I’ll call them IDIOTS. That’s the home-buying equivalent of buying a K-car for the Rich Corinthian Leather.
As far as cars, average age of a car in the US is 10+ years. Remember when a 5-year old car was considered “old?”
