A good example, a fridge. A fridge from the 1950s may have cost 10,000 in today's money. HOWEVER that fridge outlasted my grandpa and is still running to this day. When you take the fridge of t he 50s and compare it to now, the new day fridge needs to be replaced every 3-5 years, so now the current day fridge is 3.000 * lifetime of needing a fridge, which can be 10 or 15 times, making a current day fridge equivalent cost closer to 45,000
A good example, a fridge. A fridge from the 1950s may have cost 10,000 in today's money. HOWEVER that fridge outlasted my grandpa and is still running to this day. When you take the fridge of t he 50s and compare it to now, the new day fridge needs to be replaced every 3-5 years, so now the current day fridge is 3.000 * lifetime of needing a fridge, which can be 10 or 15 times, making a current day fridge equivalent cost closer to 45,000
You replace your fridge every 3-5 years? 😂
You replace your fridge every 3-5 years? 😂
I remodel homes. Have demo'd many kitchens with 1960s appliances that all worked fine. Today's machines are built to last 3 years.
I remodel homes. Have demo'd many kitchens with 1960s appliances that all worked fine. Today's machines are built to last 3 years.
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