> Cars are becoming prohibitively expensive.
Adjusted for inflation, car prices are actually lower now than decades ago, especially factoring in huge safety and tech improvements. Entry-level models remain affordable, while buyers voluntarily pay more for SUVs and tech-heavy EVs.
> Housing is becoming a luxury.
Rising housing prices are mostly driven by land scarcity and zoning. The actual cost per square meter of construction (build quality) has improved and remains stable.
> Even consumer products are becoming increasingly expensive.
Nope. Electronics, clothing, and appliances have become dramatically cheaper. Quality-adjusted prices for TVs and computers have plummeted.
> Safety largely improved but not craftsmanship.
Craftsmanship is alive and well, if you are willing to pay for it. Which most consumers are not; they prefer being able to afford more things at lower prices and quicker tech cycles.
Adjusted for inflation, car prices are actually lower now than decades ago, especially factoring in huge safety and tech improvements. Entry-level models remain affordable, while buyers voluntarily pay more for SUVs and tech-heavy EVs.
> Housing is becoming a luxury.
Rising housing prices are mostly driven by land scarcity and zoning. The actual cost per square meter of construction (build quality) has improved and remains stable.
> Even consumer products are becoming increasingly expensive.
Nope. Electronics, clothing, and appliances have become dramatically cheaper. Quality-adjusted prices for TVs and computers have plummeted.
> Safety largely improved but not craftsmanship.
Craftsmanship is alive and well, if you are willing to pay for it. Which most consumers are not; they prefer being able to afford more things at lower prices and quicker tech cycles.