I have had only four new pieces of furniture in my entire life. I am 64. I think my house looks pretty nice. The most costly was a sofa and recliner I bought for $1500 in 1985. Still in use and looking good.
My Mrs has a 12-year rule. Upon reaching ‘maturity’, in her mind....it has to go. Luckily, she has not pressed on that rule with my clothing (I still have clothing from 1985).
That would be over $3500 today.