<p>A real tell-tale for ‘stuff buying’ is what people are buying in cars nowadays. </p>
<p>My daily driver, a 1966 Mustang, has no power seats, no power windows, no GPS unit, no satellite radio or even CD or tape player (it’s only an AM radio). It has no power release trunk (or the equivalent power hatch on SUVs), no HID headlights, no cruise control, no air conditioning (for that I open a window or put the top down), no automatic temperature control, no heated seats (not needed in San Diego anyway), no power side mirrors, no lighted vanity mirror, no leather seats (remember vinyl?), no DVD player, no OnStar, no burglar alarm, no power doorlocks, etc. It also is missing some safety equipment - no airbags, no anti-lock brakes (and didn’t even have disc brakes until I converted the drums to disc for dafety), no stability control, etc.</p>
<p>Yet somehow, I’ve managed to drive it for 25 years or so and it was old when I bought it. My point isn’t to advocate buying old cars (although I like them) but rather, nowadays many people don’t think twice about buying the ‘Nav package’ for an additional $1500-$2500, the ‘leather seat package’ for $2500, the built-in DVD player so their kids can have continuous TV available to them at all times for $1500, etc. yet they end up complaining about the price of new cars.</p>
<p>Houses are similar - not too many years ago a 3000 sq ft house would have been considered huge. Granite countertops would have only appeared in the houses of the very wealthy. Professional ranges only appeared in restaurants and fridges were relatively small. Kitchen cabinets were cheaply made of inexpensive materials and the kitchen was tiny - but adequate for preparing a meal and feeding the family. The master bedroom was adequate to sleep in but weren’t almost an apartment unto themselves like in many of the newer homes today.</p>
<p>Don’t get me wrong, I don’t mind if people purchase these bells and whistles, it’s fine with me, but when you stop to think about what some people are spending on relatively frivolous items it’s pretty interesting. Unfortunately, some of these same people then go on to complain about the price of cars or houses, or the fact that they took out an equity mortgage to buy the car and now they owe too much on their house - especially true when using that method could result in financing the car for 15 or more years yet they go repeat it all again in 5 years and suck all the equity out of their house or they’ve leveraged themselves to the max to get that 3500 sq ft house with a restaurant style range. </p>
<p>But it seems that one person’s luxuries are another’s necessities or at least strong desires. Most of us have some so we should be tolerant if someone else has a different definition of it than us.</p>