$1000 monitor stand

[Blansky]

Originally Posted by Carrera911

In the past 3-5 years my thoughts are that there's too much "cheap money" available. Not sure if it's because credit cards and financial institutions are basically handing out money to anybody or because too many people just quickly got wealthy. The new monitor stand at a $1000 is an example of that. Why would anybody working for his $ would ever buy that ? I just don't understand it.
And there are so many examples of that: This weekend I put an offer to buy a property in Lakeland, FL. A small city "on the way to Orlando" and I got over-bid by 15k from the listing price. A person made a $15k (25% of the listing price) offer over listing without even knowing if the property had other offers on it. Insane.

Not sure if you'd call it cheap money but people do buy whatever they want when they want it these days.

As for the real estate thing, putting in over asking offers is a way of life in areas like California where real estate is hot. I'm guessing the person wanted the property. And I'm also guessing he'll probably do just fine on the above asking price.

[Star Ferry]

Originally Posted by Blansky

Not sure if you'd call it cheap money but people do buy whatever they want when they want it these days.

As for the real estate thing, putting in over asking offers is a way of life in areas like California where real estate is hot. I'm guessing the person wanted the property. And I'm also guessing he'll probably do just fine on the above asking price.

yeah, credit keeps Apple running. everybody in chicago, rich or poor, seems to have an iphone and/or macbook. a lot of people use grad school loans (which are easy to get and require no qualifications) to buy what are essentially luxury goods, like macbooks and canada goose parkas

[Blansky]

Originally Posted by Star Ferry

yeah, credit keeps Apple running. everybody in chicago, rich or poor, seems to have an iphone and/or macbook. a lot of people use grad school loans (which are easy to get and require no qualifications) to buy what are essentially luxury goods, like macbooks and canada goose parkas

A few years ago I took a perfectly good "normal" TV to Goodwill or Salvation Army donations drop off place because we'd bought a large flatscreen for our family room.

The guy there said they don't take in those TVs anymore because everyone wants a flat screen and won't take them.

I said, yeah, but it's free and it's Goodwill.

Nope.

[Carrera911]

I would consider myself a lucky individual to be able to afford without a credit card or a loan these goods. Still I can't find myself in any way shape or form spending that dollar on a stand.