Comment by kacesensitive
2 days ago
I mean by that logic wouldn't the cheap house just cost even less? What about housing prevents it from being a race to the bottom like every other product?
Like yes a nice pair of boots costs more and you do get more value out of them compared to Amazon basics boots.. but far more people end up buying the cheap option because it's cheap and available.
When you say "like every other product" - if you're interested in me really answering your question seriously, give me an example product category. I usually use cell phones to demonstrate, but most major consumer products will do.