" writes:

My POINT, people think nothing of replacing their vehicle every 5
years or so....... at a lifetime cost of how many hundreds of
thousands of dollars?

Not everyone fits this mold. My car is 15 years old, for example. I
plan on keeping it as long as it's reliable.

On the other hand, people who *do* change their car every few years are
not doing it because they rationally decide they need that new car.
They're doing it because of ego, or status, or something not very
rational.

But get their panties all ruffled up over investing 5 grand for a
safe, efficent, modern, on the biggest thing they own their home. That
just happens to appreciate in value.

Replacing the wiring in the house isn't going to be the same sort of
visible change as buying a new car. It's money spent on something
intangible, so they may well feel differently about it.

The problem with your argument is that you're complaining that people
aren't making what to you is an obviously rational choice (replacing
K&T), using people who buy cars irrationally as your example people.

Dave