For 10,000 years or so, clothing was so expensive that most people could only afford a few outfits. Then over the past lifetime they suddenly became so cheap that for people in a rich country, storage space is the main concern. We see traces of this in inventories of family property during divorces outside the Valley of the Kings, in Babylonian invoices for one suit of clothing per soldier per year, and then in medieval post-mortem inventories and sumptuary laws, but it continued later than we like to remember. A snatch of old verse was stuck in Robert Heinlein’s head:
There’s a pawn shop on the corner
Where I usually keep my overcoat.
Now, today a synthetic winter coat would hardly be worth pawning (a day’s minimum wage?), but a woollen one of 2-5 yards of fulled cloth could last decades and cost accordingly. A passage by George Bernard Shaw touches on this from another angle.