That iphone is not 5x more.

Furthermore, who in IT is paying 3% on shoes? Even if you’re the hypebeast buying $1200 Balenciagas, I don’t see how the math works out.

That iPhone is 15x more (I don't know the exact price, sorry)? Same order of magnitude.

3% of your monthly salary for $200-$500 shoes (I see plenty amateur runners getting carbon sole shoes in this price range, for instance), when you could get a pair for less than $50.