Looking at the photographic press and media reports, there is a lot of severe criticism about Leica and their prices, often quite hateful and in most cases not based on reality.
Unfortunately most consumers are woefully unaware of the differences or, how cameras are made in general. The bench made process that Leica uses throughout requires a lot of actual hand making. That alone sets them apart from almost the entire rest of the camera world which is almost entirely based on mass production. In addition, Leica applies substantially tighter tolerances across the board. I have reported on this elsewhere on this blog. This process not only is a lot more time consuming, it also results in noticeably higher production costs. Since Leica is not an electronics manufacturer, they have to obtain all electronics from different sources. Because of their much lower production numbers, the cost of these items is necessarily higher than what mass production manufacturers experience. This includes the sensors used in their cameras, especially the black and white only sensor in the M Monochrome. This sensor is not used by any other company.
The hateful criticism I often experience in regard to Leica is for the most part based on ignorance and in a lot of cases most likely the result of the photographic equivalent of penis envy.
For more on this, please go to:
PRODUCTION NUMBERS OF LEICA CAMERAS AND LENSES VS CANON AND NIKON
LEICA PRICES - JUSTIFIED?
In Memory of the LEITZ GLASS LABORATORY
MANUFACTURE AND PERFORMANCE OF PHOTOGRAPHIC LENSES
LEICA and OTHER CAMERAS