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Buying Stuff

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Twinklin

Why is it that when we buy clothes, we will quite often spend _ages_ comparing different clothes in different shops, agonising over the colour, style and price.

The same also goes for hi-fi, gadgets, etc.. But when it comes to buying cars or houses, the time spent in the decision making process and viewing process is disproportionate to the costs - when compared to those items mentioned earlier.

I would hazard a guess that most test drives of new cars last less then 30 minutes. Most folks buying a new home probably walk around it twice at the most, for a total of probably 45 - 50 minutes.

I wonder if there is a name for this phenomenon, or indeed the ratio between cost : time spent making the decision to buy the item ??


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