Someone in this thread probably has a $500-$1000. Someone could look at that and say what the hell? A $200 chair is just fine.

A $200 chair is cheap, and capital equipment. It is a tool, it provides continuous value, has a warranty and solves a problem.

$200 for the same picture and a "thank you, u so cute xoxo" is not the same as the chair.

It does solve a few problems though, that, in some people, put first over having a chair.

You could get a good chair for way way less though. Matter of fact I'm sitting on a $30 couch right now. Which is probably what that chair of yours is worth after you buy it. What made you spend the other $170? Perhaps it gave you a good feeling? Maybe the picture did the same...

Humanity in general need these things: food, shelter & love / societal interactions.

So much money is spent on things outside these necessities that I would argue for a particular person it's much more valuable than a chair. Buying "love" even temporarily might be better for the psyche than buying that new flatscreen that is just slightly improved than the old flatscreen.