Hi this is Tutor Nick P and this is Noun Phrase 83. The noun phrase today is
buyer's remorse. Okay and just to realize when we say remorse, like the word
remorse by itself, it means a feeling of deep regret. So let's take a look at the
note. here So buyer's remorse is when someone buys an item or a service and
then feels regret very soon afterwards. Okay. Buyer's remorse tends to be used more
with expensive purchases. Now this makes sense the more money you spend the more...
the worst you will feel if you're not happy with the purchase or with the
service. So there's a greater chance you will have buyer's remorse if it was a
very expensive item. If it's really cheap you might brush it off , and say ah, it was
only a couple of dollars or something like that. But if it was a significant
amount of money your odds of having buyer's remorse is increased a lot. But
let's continue. This feeling could also occur when someone buys an item that
ends up being totally useless or inappropriate. So even if it wasn't like
a very expensive item you still might feel it for some other items that you're
just really disappointed with. And say why did I buy ? That was a real waste of money.
You know, that wasn't at all what I felt like. It was a big
disappointment. In that sense you might still have some
buyer's remorse. Okay let's take a look at several examples here. Example number
one. John bought an expensive house that was beautiful but it turned out to be a
money pit, or it turned into a money pit. Now remember, when we say a money pit,
that's something that you keep having to throw money in. So in the case of a house,
it would be a house that would have a lot of problems. Soon after you buy it. Maybe a
lot of things break down and you have to keep putting more , and more money into it,
and more money into it, and more money into it. Probably this would be with an older
house, the chances that, that's what could happen. It can turn into a money.
So let's continue. He said uh yeah every week something new broke down and
it drained all his savings, especially if it's big stuff like a septic, septic tank
or plumbing , or you know something like that. It could really add up. Okay.
Good and then of course he soon had buyer's remorse. Yeah this could happen
you you think you got this beautiful house. You thought it was a pretty good
price, but you didn't realize you know, that so many things were broke or just
about ready to go on it .All right. Let's look at number two. Many news
reports claims a lot of people had buyer's remorse
soon after Obamacare came out. Yeah. I remember around this time, this I started
to get this term buyer's remorse a lot at that time. A lot of people you know,
it was supposed to be the Affordable Care Act. So a lot of people who kept saying
that it wasn't affordable at all. And it had a lot of deductibles and most people
could never reach the deductibles. And every year it got more , and
more expensive, and more expensive. So I did hear a lot of reports ... at least a lot
of people thought that maybe they had buyer's remorse even after getting
it. Some people refuse to get it at all. All right. Anyway, let's look at number three. If
you are going to make a large purchase you should always do research to make
sure that you won't have buyer's remorse. So this is another way we could say it. All
right. Good well I hope you got it. I hope it was clear. Thank you for your time. Bye-
bye.