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If cheap furniture made by compressing glue and sawdust together existed 100 years ago, I bet it would have sold well.
Same goes for shoes. Everyone’s wearing terrible plastic stuff nowadays.
One thing for sure, is way easier to carry
Confirmation bias: all the shite furniture from 1800s has rotted to dust already
Edit for full disclosure: I’ve exclusively bought antique furniture. I’m basically a shill for big-auction
I think it’s survivorship bias, but yes