In 1967, your dad probably paid 4 months' salary for that color television. Families only had one TV. That's all they could afford. And if it broke, you called a TV repairman.
Today's TVs are dirt-cheap throwaway items. By the time they break, they're already obsolete and even a brand-new 65" 4K television will cost the average American consumer less than a month's salary.
"And that's the way it was....AND WE LIKED IT!"
About 1975, I bought my first 19” color portable. It cost nearly $600.
In 2007 I bought my first wide-screen LCD — 32” 720p for about $750.
I have been thinking about a newer 4k, as they are in the $600 range, but that 2007 LCD still has great color and all kinds of peripheral device connections.
We had two color TVs in 1968, the big TV/Stereo combo one in the living room and the portable in my parents bedroom. And yes some of our friends thought we were “rich”.