Originally posted by camyum If so, why do people throw out more than 500 bucks for a smartphone? (most of those "normal" people do that once a year)
Statiscticsn show that outside US, people spend more about $250 for a phone:
https://www.statista.com/statistics/283334/global-average-selling-price-smartphones/
They also get a new one every 30months on average, so 2.5 years, not every year:
People are taking longer to upgrade their smartphones
So basically the norm is to spend 4 time less than you said on phones.
In general we all tend to assume people spend a lot on thing and change them much more often than they do.
When I changed my TV not long ago I participated a bit to a forum and write a few posts. For people there, it was quite unlikely for somebody to keep a TV more than 5 years and you'd start to have decent TV at 800-1200€ while many where look at TV in the 1500-3000€ range. I checked the official stats, people tend to have several TV at home and to buy a new one every 8 years. Because they have 2, they are more keeping a given device 15 years than 5 years. The average price spend on TV tend was €350 but recently dropped to €250, the analist thinking this sudden drop was to be compatible with the latest norm of TV in europe to be able to continue receiving public TV channels.
Commercials, manufacturers and brand would like us to think we shall all spend lot of money on everything and that this is normal, Ideally if necessary you'd work more and all to pay for this rather than just enjoying life with a bit more basic thing or keeping it longer that basically does exactly the same. Their interrest is obvious. Doesn't mean that most people actually do that. And of course in gear related forum, people tend to be more interreted in gear and to change more often... After all I have been to that forum and end up with an 55" oled screen that isn't exactly near the $250-350 price range.
Out of all the persons I know, the only one that changed phone in a 1 year time frame did it because the previous one stopped working because he destroyed it by accident. I am also the guy with the most expensive TV and that spent the most on a camera.
If you ask, we are mostly software engineer in the 25-45 year old range, quite wealthy, tend to go at least once a year to visit a foreign country on the other side or earth and most already brought their home, even if course the mortage isn't finished. We are not especially poor or whatever.