The New York Times suggests there are signs of a trend toward consumers holding onto their more expensive gear and making it do more longer. No, seriously, they found three people! But what about you—has the economic downturn, or environmental concerns, led you to keep a tighter hold on your stuff?
Image via New York Times.
Sometimes things break, and sometimes an upgrade is necessary, but with most of the items the Times is looking over—cars, refrigerators, laptops, smartphones, and the like—it's more marketing and consumer appeal that encourages upgrades. Some indicators point to consumers holding onto gear for longer periods. Would you say you're feeling the same way? Vote in our poll, and give us your extended take in the comments.
Use It Up, Wear It Out - Consumers Hold On to Stuff Longer [NYTimes.com]