|If you have to ask, you can't afford it|
Why are Brompton bikes so expensive? The clue is found on the supplier's website:
Nothing is standard
We do not offer standard models because nothing we build is standard: every bike is built by hand from scratch.
There is something more insidious going on than the much maligned mentally of N.I.M.B. For want of a better acronym, N.M.O.M. should suffice. As in, hey, it's Not My Own Money, the daft taxpayers are shelling out for it.
In "Hard Truths", Lee Kuan Yew thought it weird one of his grandsons didn't want a scholarship even though he could easily get one. "If I were the father, I'll say, no, you better take that scholarship... Why should I spend $300,000 or $400,000 for nothing?" Indeed, why empty your own pockets when there's a cheaper alternative?