I never mind paying less for something I think is goodI think that they make outstanding jackets and I regularly get complimented on the Aeros I own. Weirdly, I also wouldn't want to pay much less than 700 GBP for a jacket or about 180 GBP for boots, but I have a sort of 'cap' on what I'll pay, too, and it's not much north of those numbers (for me, 900 is about it). I imagine that a pair of Trickers is better, in some ways, than a pair of Loakes, or that some of the highest-end makers have perfect stitching, etc., but that doesn't make that much of a difference to me (or not enough to justify the price difference), so I'd likely never know as I probably won't get to wear said item and I'm not sufficiently invested to research it and wouldn't remember the terminology if I did (which is pretty handy, actually). I'm glad that I bought the Aeros I own when I did.
I own an excellent pair of Church's Oxford Brogues that I got discounted from £450 down to £300 a few years ago, and paid a little less than that for the pair before. Not cheap, but £300 is worth it to me for quality. But then Church's were purchased by a luxury chain and doubled their prices overnight. Now the pair I have retail for just under £1,000, and the store I used to go to has no sales. They're still great shoes, but I can't justify that for a pair of shoes when I've spent decades buying them for less than a third of that. The next time I need new smart shoes I'll be shopping elsewhere, as there are still excellently made alternatives for reasonable prices.
It would be sad if there are soon no excellent leather jacket makers with reasonable prices in Europe, only luxury stuff, leaving more of us to have a shot at Asian manufacturers when we want new jackets. I desire quality for its craftsmanship, not for luxury status.
Fewer people will wear leather jackets in Europe as a result. When I was living in China and winter came every other person seemed to be wearing one, because they can be had for a fraction of the price. Sure, lots wore fast fashion rubbish, but some of my friends and colleagues wore lovely tailored stuff made from good leather, that wasn't a luxury price.