I find that honestly also this depends. For dress shoes for example, I do think it's better to go higher quality/higher price. While I've needed to replace the soles on my loafers twice over their lifetime, the construction of the actual shoe itself has remained fine. When I'd buy cheaper (e.g. Aldo) style shoes they would get worn out of shape so fast and I'd need to still replace the sole after a year but would have no choice but to buy a totally new shoe.