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"If it's worthless, why did I pay money for it?"

It doesn't start off worthless. That's why I singled out furniture, it has a huge gap between cost and resale value despite being "durable".

Then there is sentimental value. Not everything is pure economics. We need some things to satisfy the part of us that isn't utility maximising robot.




America does not have a good used market mentality, so after someone gains their utility from a purchase they feel that the trash is the only option.


It would be nice if the secondhand market was better for sure. Right now for almost all goods under a few hundred dollars it's cheaper for me to buy a new one on Amazon vs the full cost of finding purchasing and transporting a second hand version.

Moveloot is trying to do this with furniture, which I think is a good starting point.




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