This is not the case. Washers used to be more expensive as a proportion of median income back then. According to this page a new Kenmore washer cost $289 in 1980. The median family income in 1980 was $21,023, so a new washer would cost 1.37% of a family’s annual income. Compare to now, where the median household income is $83,150. As a proportion of median income, a $289 washer in 1980 would cost about $1500 today, which is about what a durable, well made washer with a 7 year warranty costs. Manufactured goods were largely more expensive compared to wages in the past.
Median income isnt the whole story as rent, transportation, medical, and other costs have increased at a greater rate so people dont have the money to buy the 1500 dollar washing machine.
No. I am saying that these well made appliances are just as affordable today as they were back then, but most people want the cheaply made alternatives, and manufactured goods were generally less affordable back then than they are now. People generally just had less stuff in the past, and paid more for it. You simply couldn’t buy a new washer for the same fraction of your income as the cheap ones today. A lot of things are worse for us economically than for our parents but this simply isn’t one of them.
Meh. Buy them second hand. Not even joking. As you said, good one last forever. while there’s a bit of a logistics difficulty with second hand large appliances, you can also just rent a van for the day and ask a friend for help.
You know the funny thing?
You can still buy appliances that last and have good service.
But you don’t earn enough to afford them, like your parents did.
This is not the case. Washers used to be more expensive as a proportion of median income back then. According to this page a new Kenmore washer cost $289 in 1980. The median family income in 1980 was $21,023, so a new washer would cost 1.37% of a family’s annual income. Compare to now, where the median household income is $83,150. As a proportion of median income, a $289 washer in 1980 would cost about $1500 today, which is about what a durable, well made washer with a 7 year warranty costs. Manufactured goods were largely more expensive compared to wages in the past.
Median income isnt the whole story as rent, transportation, medical, and other costs have increased at a greater rate so people dont have the money to buy the 1500 dollar washing machine.
That is very nice of you, looking up the numbers stating exactly what i said. thanks.
No. I am saying that these well made appliances are just as affordable today as they were back then, but most people want the cheaply made alternatives, and manufactured goods were generally less affordable back then than they are now. People generally just had less stuff in the past, and paid more for it. You simply couldn’t buy a new washer for the same fraction of your income as the cheap ones today. A lot of things are worse for us economically than for our parents but this simply isn’t one of them.
https://en.wikipedia.org/wiki/Boots_theory applies…
A Speed Queen set sure would be nice to have.
Meh. Buy them second hand. Not even joking. As you said, good one last forever. while there’s a bit of a logistics difficulty with second hand large appliances, you can also just rent a van for the day and ask a friend for help.
Problem is you don’t know how well it was maintained /cared for by its former owner.
You should be able to get parts, though. It’s better to replace a part on a machine that will last 20 years than a part on one that will last 5 years.