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It's odd that you are even creating these arguments that prices don't increase.

Not everyone cares about Price/component cost/feature set/quality. The truth is that the actual real-world cost for what people view as the same item, in this case an iphone, has increased year-over-year.

> People don’t mind this because they are ultimately concerned about their overall quality-of-life.

Of course people mind paying more and more each year.

> nobody wants a new car with no air conditioning, minimal sound deadening, low horsepower, crude construction, and 5 digit odometer reliability.

Those portions essentially cost nothing in the overall build cost of a car. Every car has had A/C for years. An odometer, seriously? Again, the truth for buyers is that the cost of a car goes up year over year. If we set your hyperbole to the side, people do purchase entry-level vehicles when they are introduced to the market. Many times the demand outstrips the supply, because of price.



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