I think people like expensive goods because they seem more elegant. Buying high-end things can show a kind of status. It's not just about the product, but what having it means. Expensive items usually show a person's style and preferences, and for many, it's a way to show who they are and their place in society.

I believe a key reason is that people think expensive goods have better quality. These products are often seen as more durable and long-lasting. People consider buying them as a smart choice, thinking that paying more at first might save money later because the item won't need to be replaced so soon. Like, a high-quality leather bag can be expensive, but if it lasts for many years, it can be more cost-effective in the long run.