Here is my constructive criticism.
The essay could be more focused. There are only a few statements that support your premise, directly or indirectly. The rest seems unrelated.
A more complete essay would anticipate counter-arguments and address them also.
By picking a specific value, $1000, the reader expects you to describe how you arrived at that value.
Minor mistake: the title says $1500, but the body says $1000.
Good point, I agree. Also, it was quite a long but good read, if I may add. You should try to arrange your thoughts first before making an essay about this topic or any topic for that matter. Although you have mentioned good points, your thoughts and train of mentioning them seemed to be in disarray. It would support or showcase your point better if they are in a better arrangement and order.