Interesting - didn‘t notice that. I‘m only buying quality stuff and stick to it as long a possible. Most of my cloth are years old. I’m buying a new iPhone if the one i have doesn’t get any updates anymore, and furniture has to outlive me. I always thought this is reasonable and that everyone would do it that way: Always having high quality stuff, saving money instead of wasting it by continuously buying cheap things…
I tend to follow what I call the "toolbox rule," mostly because I've used it the most with tools. If I find I need something, I'll buy a cheap version of it, even if the cheap version is noticeably lower quality (which it almost always is). Then, if I use said cheap version enough that it either breaks or is no longer useful to me anymore, I'll buy a nicer one. It helps me justify the greater expense and demonstrates…
What so you do about the cheap tools that turn out so bad that they cause damage?
For example, you get a cheap screwdriver, it breaks while you use it, and you end up making a hole in the cabinet you were trying to fix.
While the general approach sounds sane, it seems to me there are a lot of cases where going for the cheap version could cost a lot in collateral damage.