Even before I could afford to pay cash for possessions, I could have cared less what other people thought. "Flexing" and impressing others is a shallow existence and thankfully has never been in my DNA.
I spent a good bit of the year at our businesses in Montana. The statement you made is very normal there. Of course not the billionaires row in White Fish. But that is a different subset of the population.
Different people flex with different things, whether its education, houses, cars, clothes, class status etc etc. There is no end to it. You have the most expensive car? Well I have a jet. You are a doctor? Well I am a JD/MD. Blah blah blah. You have 10 houses, well I have 30. You have 30 houses in US? Well I have 90 houses in 3 continents...
What
@achillar30 is saying is very prevalent in LA, Miami, Austin, Scottsdale... etc etc...
I am like you - always not only paid cash, never cared what others thought. I love going to parties with the cheapest car in the parking lot. Its almost a reverse snobbery if I am honest. Kind of elitism, that "anybody can lease a xxxx... but only people who know will own a xxxx"
The human psychology is a very interesting thing.
At the end of the day.. I found there is almost always someone smarter, better looking, richer, fitter than me. I am happy in my own skin and that is all that matters to me.
Driving a leased Rover, Maserati , Macan, 911, and living in a 2400$/month rented apt is a phenomenon that is very common in parts of the world where credit is accessible and cheap.
Many parts of the world, people save their whole lives, and buy their first house in their 50s. They pay $75,000+ to have the priviledge of owning a car (before buying the car), or paying 300% tax on a car etc etc.
In the western world, we have lots of choices. How people spend their money, is their freedom.