My first thought was that people were buying them to make their homes more safe. But if that were the case, why would only people on a certain block have them?
Then I started thinking that people were buying these systems out of paranoia. If a robber looking for a house to pillage, and a couple of your neighbors had these types of security systems, wouldn't that make your home seem more easily accessible to a possible burglar? With that mindset, it's no surprise that one street is ADT protected, and the next is not.
The graph shows how the stocks of Tyco, the company that owns ADT, have been gradually increasing over the past ten years. (The drop near the middle is due to the '08 crash.)
The ADT website says that their product will allow customers to:
"Get the peace of mind that comes from knowing that the #1 security company in America is helping protect your family and home,"
Is it possible that their increase in sales is due to the paranoia caused by not having their systems? What other products do we own that are for "peace of mind" rather than functionality?
Interesting post. The first answer that came to my mind to your question above is insurance. It's a shame that something bought for peace of mind (i.e. health insurance) normally is not a smooth road when it comes into play. It seems like every time insurance is actually needed it gives the holder a lot more trouble than it should. I hope this doesn't hold true for ADT.
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