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It's amazing how much cheaper new TVs are getting, it's one tiny indicator of how much the quality of our lives (or at least or technology) is improving.
by midas 14y ago
It's amazing how much cheaper new TVs are getting, it's one tiny indicator of how much the quality of our lives (or at least or technology) is improving.
- ctdonath 14y agoAlso amazing how the value of our possessions is plummeting. There is very little one can buy which will hold value to any meaningful degree, much less appreciate in value.
- derleth 14y agoHave the things people buy most ever been the things that appreciate in value? Antiques derive their value from rarity, implying that most examples weren't good enough to survive. It's the "Old buildings were all well-made" fallacy.
- Retric 14y agoThat's part of it, but people also used to make a lot less stuff. The half life of a dresser made in 1850 might be ~50 years, but they did not make a lot of them. PS: It's hard to know, but I have heard it suggested that something like 10% of all dressers made in 1850 are probably still around somewhere.
- noonespecial 14y agoThe good news is that the product's ability to provide value is no longer explicitly tied to its ability to hold value.
- sliverstorm 14y agoReally? Outside of tech, I don't see items dropping in value any more than they would have a hundred years ago. Sure, used silverware commands a very low price, but I'm pretty sure that has been the case ever since we stopped making it out of silver.
- usaar333 14y agoPhysical manufactured goods tend to be depreciating assets. Cars, electronics, houses less taxes and maintenance, all come to mind.
- sk5t 14y agoThis has almost always been true; the few consumerish things that sometimes (but not very often) hold value or appreciate include: - Artwork, folk art, decorative items - Handmade furniture - Musical instruments - Firearms - Limited-production autos
- smsm42 14y agoMost consumer items are not investment, they are expenses. So one shouldn't have any hopes of holding or appreciating in value. Why you expect your TV be an investment that raises in value? Do you expect the same from your shoes?