They are a personal device like a gameboy.
There is a TV version for party games.
The games may or may not be shareable, even with the physical games.
Assume the ideal usage is during screen time on a weekend.

I have been avoiding buying one as I don't understand them. Thinking of getting them soon.

I assume one OLED for the family and then a portable per person, then one copy of each game per device.

How is this affordable?

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[–] catloaf@lemm.ee 8 points 5 days ago

If we're talking about actual need, the answer is zero. The Nintendo Switch does not feature on Maslow's hierarchy of needs.

But how many OP should buy depends on how much they're willing to spend. One is enough for family games and taking turns. If everyone wants their own to play head-to-head multiplayer, yeah you'll have to shell out for multiple consoles.