This attitude in people is a major cause of where we are at the moment. Everything is on lease/hire purchase these days and no one knows the value of anything anymore.
Also, as everything is bought like this, the initial cost of things has soared as a result.
A car I bought new in 2006 was £6,500. The equivalent model today would cost me £18,500.
No one gives a fuck about anybody outside of their family these days, maybe a few years where they can’t afford things they don’t need will do some good.