I think the bigger point is that people think they “afford” a luxury item as soon as they barely afford to buy it and forget that owning also has a cost. They are too afraid to use the damn thing out of fear that they damage it somehow. Their luxury item loses all meaning and use beyond showing ownership of an expensive thing.
Like those fancy luxury cars some people buy but are too expensive to drive, maintain, insure, or repair. One scratch wipes out their savings so the car sits in the garage.
Like those fancy luxury cars some people buy but are too expensive to drive, maintain, insure, or repair. One scratch wipes out their savings so the car sits in the garage.