Earlier quoted context omitted.
Here is a much simpler explanation: people want to buy cheap stuff. If given a choice between $1200 appliance which lasts 25 years, and $1000 appliance which last 15 years, and no infomation about the actual lifetimes, most people would choose the cheaper model. The people feel good, the sales rise, and who cares what happens in 15 years -- the company will have different execs by that time. And once people get used…
I think the problem is more complex. It's not that people 'want' to buy cheap stuff. That's the mistake PC laptop makers made for 20 years, collective racing to the bottom until they figured out ways to produce $300 laptop. But they eventually learned that a large consumer base had no problem paying $1200 for a MacBook. It turns out, people were willing to pay substantially more for a better product. Now, PC makers a…
I'm pretty sure they do. In that price range you're looking at entry level commercial / heavy duty cycle equipment.
> Overall reliability of appliance would shoot up, if a company stopped making their cheapest model so dirt cheap.
They have to be dirt cheap to compete with decades of used appliances available.