Re: Too bl**dy expensive now to upgrade every 2yrs
Then the iPhone X came along @ almost 2x the cost of all the flagship models which came before it. That was way too much of a price jump for most folks to simply absorb, so the result is that most folks now just upgrade less often.
My intern still upgrades his phone every year, spending north of £1200 on the latest model, and then decries not being able to afford to buy a house or flat anywhere. Well, that's more than a months mortgage payment on the loan needed to buy my house gone up in smoke every year when a £100 "landfill android" would work just as well.
Even assuming a discount on new price for the return of his old phone still yields more than I'm currently paying for a month of the mortgage, though I freely admit that is on a LTV less than 50% and the property has risen by 50% of my purchase price in the interim. Still more than enough for a flat near me though....