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Thoughts on Banana prices

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  • 05-01-2012, 06:11 PM
    RobNJ
    Re: Thoughts on Banana prices
    Quote:

    Originally Posted by dart View Post
    When cost is so high and the market is so small, it's definitely not something I would be willing to invest in. Supply and demand are what drive prices and somehow I don't forsee enough of a demand to merit purchasing an animal for that price.

    I think there is a VERY HIGH demand for banana/coral glows, which is what keeps the prices up. If there wasn't, it would not cost what it does. Over the next few years, the demand will only grow as the price on them comes down and is affordable to more people. Now is probably still a pretty safe time to invest in a banana or 2 if you have the money.
  • 05-01-2012, 06:19 PM
    zeion97
    Re: Thoughts on Banana prices
    Quote:

    Originally Posted by RobNJ View Post
    I think there is a VERY HIGH demand for banana/coral glows, which is what keeps the prices up. If there wasn't, it would not cost what it does. Over the next few years, the demand will only grow as the price on them comes down and is affordable to more people. Now is probably still a pretty safe time to invest in a banana or 2 if you have the money.

    I agree and disagree.

    Agree: they're a "newer" morph with the possibilities yo make even more combos and not many available, which droves up the cost

    Dis-agrew: most people can't afford them... meaning that most of the ones born will stay with the larger breeders.

    Sorry, I'd type more but.mobile sucks. :P
  • 05-01-2012, 06:33 PM
    RobNJ
    Re: Thoughts on Banana prices
    Quote:

    Originally Posted by zeion97 View Post

    Dis-agrew: most people can't afford them... meaning that most of the ones born will stay with the larger breeders.

    As far as I know, the people producing CG/Bananas don't have a problem selling them. Prices are going to drop, very likely this year and every year after, making them more affordable to a larger customer base, year after year, increasing demand until they become so common that the supply outweighs the demand.
  • 05-01-2012, 07:16 PM
    OhhWatALoser
    I think your going to see the prices come down really quick personally. Supply on the males is no longer low, generation 2's clutches produce male bananas 50% of the time. The only mystery left is how do generation 3 males work.
  • 05-02-2012, 05:03 PM
    Diamond Serpents
    Re: Thoughts on Banana prices
    Seen one at the Steel City show female for 19k beautiful morph you gotta see it in person to appreciate it.
  • 05-02-2012, 06:03 PM
    Gomojoe
    Quote:

    Originally Posted by BTennant View Post
    Seen one at the Steel City show female for 19k beautiful morph you gotta see it in person to appreciate it.

    Which steel city was that?


    Sent from my iPhone using Tapatalk
  • 05-02-2012, 06:05 PM
    CherryPython
    Really hope prices do go down in the next few years...these numbers are making me want to cry!! haha!!
  • 05-02-2012, 06:09 PM
    Diamond Serpents
    Re: Thoughts on Banana prices
    Quote:

    Originally Posted by Gomojoe View Post
    Which steel city was that?


    Sent from my iPhone using Tapatalk

    Steel City Reptile show, Pittsburgh PA.
  • 05-02-2012, 06:24 PM
    Gomojoe
    Quote:

    Originally Posted by BTennant View Post
    Steel City Reptile show, Pittsburgh PA.

    Figured, I live by Pueblo Co though and just wanted to make sure I didn't miss anything! Lol.


    Sent from my iPhone using Tapatalk
  • 05-02-2012, 06:35 PM
    4Ballz
    Spiders 7 years ago were 20g+. Think of this as an investment. It's something that will always sell, and make you money. You have more chance doing better with this morph than putting it into stocks. Unless you know stocks, and never hit red. If I had about 5-10 years under my belt, or more knowledge, I'd take out a loan and buy one.
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