They are pretentious gits that think spending more money always gets a better product. They are easily misled by reviews by people getting items that are cherry picked by manufacturers for reviews specifically, and are not representative of the actual products you find on the market.
They think perceived value is actual value.
They all try to impress each other with how much they spent on a product whether it's worth it or not, it's a prince vs. popper mentality and if you don't own at least as expensive a model as them, you are the peasant.
I'd go on as there is a lot more, but that's enough time spent on something not worth the time.