> I'm more so curious on what your first counterpoints in your mind would be

Just some anec-data. I did not have any consoles growing up simply because we could not afford them. Eventually we got a single very old very slow machine that was shared among the family. I know a few other people in the same situation (usually 1st/2nd generation immigrants). Thus in my mind, video games are luxury products, which are not affordable to low income households.