Quote:
Originally Posted by kane
I would argue that the middle class will overpay for things if they think they are cool and you let them make payments on it.
Look at big SUVs. Most people that have them don't need that kind of vehicle and will never use the four wheel drive or the power it has, but they think they are cool and since everyone else has one, they will happily overpay for it. The same with houses. How many people have bought bigger houses than they need? I personally know several people that bought McMansions just because they thought it was cool.
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Oh yeah Americans will go out of their way to overpay just because. Yup, totally.
You should talk to Tim cook. Americans will pay 3-5x as much for an iPad or computer. They'll pay $2k for an iPad vs $500 for a Chinese made one.
Speaking of which did you just reply on your American sourced computer? I'm replying on my Chinese made iPhone...
Welcome to reality.