Just as 70’s Fenders are poorly made, except, of course, all the ones owned by TB folks, I think that Squiers are similar - anyone who has one is and likes it is convinced that the one they own is special.
I bought a Squier Sonic Bronco kind of on a lark - all my other basses are one off custom 5 stringers, and my rationale for getting another bass was to have one that built mental plasticity - something about as different as I could get, and still be a bass guitar.
Turns out the thing is, in some aspects, a pretty good bass. The fretwork is, well, what I’d expect on a boutique level instrument. The neck is solid, free of anything anyone would consider a “dead spot”.
I am, of course, discounting the fact that the bridge was, well, I moved it about .050”. I also swapped the hardware for some I already had, and got a pickup that doesn’t hum. But, everyone does that….It’s the best $130 bass (that I have about $400 in so far, not counting the hardware I already had). We tend to remember the good things about stuff that we like and discount the “other” stuff.
People want to think they got a good deal. If you ask what run the good stuff was, people will tell you what they have. Finding unbiased data on something as subjective as musical instruments is just about impossible. Even from me.