It's true, but it's a cultural issue - the desire for expensive items at an affordable price. Photoshop used to be around £600 for the CD set, so apart from buying it in Thailand or China, cheap copy, you could only use it if you did a college course or were pro or deadly serious. More prosaically, people wanted li=uxury cars, manufacturers wanted a larger market; so they created PCP for personal customers, where people effectively rent a car for 3-5 years then replace. I've no idea how people can afford that on top of rent, but many do.Gone are the days of running an old banger while you save up a deposit for a house (except for a minority of sensible people).
I had the subscription model but sometimes its the only way. However when you start receiving less and less for more and more, a line eventually is crossed. My wife loves her tv, but Sky subscriptions keep going up but with so many channels, there is less and less, to the point of there being nothing we want to watch. So at next reveal, we are ditching it because it's cheaper to subscribe to Netflix, Prima nd AppleTV as and when they have something we want to see, meanwhile we are watching old box sets of comedies and films we like and are happy to re-watch. Last night it was the film Every Which Way But Loose followed by an episode of One Foot In The Grave. All oldies but goodies. And we own them physically.
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