[Rumor time] BP Economy taking a dive soon??

Breeders ARE buyers. Too many people seem to ignore this, lol. Who do you think is buying morphs? Not pet owners.

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Originally Posted by WingedWolfPsion

Breeders ARE buyers. Too many people seem to ignore this, lol. Who do you think is buying morphs? Not pet owners.

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Yes and no. Yes breeders buy, but so do pet owners.

Yes chicken little the market is falling. At least as far as the prices for single gene morphs. But it's no where near crashing with so many morphs and combos and directions to take. If you want a solid breeding plan that won't quickly crash work on double and triple recessive combos.

Have you seen the revolving door of collection sales from people that get in thinking its a get rich quick scheme? They soon realize that it takes hard work, time, financial investment, and dedication to be successful just like any other business. For every handful of people that join there are a handful that are selling their collections. I see it over and over on forums, Facebook, and even locally. I think there is a great business opportunity for committed people.

Regards,

B

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Originally Posted by Simple Man

Have you seen the revolving door of collection sales from people that get in thinking its a get rich quick scheme? They soon realize that it takes hard work, time, financial investment, and dedication to be successful just like any other business. For every handful of people that join there are a handful that are selling their collections. I see it over and over on forums, Facebook, and even locally. I think there is a great business opportunity for committed people.

Regards,

B

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Very well said brian, i agree with that^:gj:

Ive already had two people tell me they would love to trade for or buy bps with/from me and i wont be breeding for the first time until this fall. I also will probably end up trading snakes i produce for my bps lol. (the ones i choose not to holdback that is...).

I love this hobby and even if it takes a nose dive ill still probably stick with it haha.:gj:

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Originally Posted by MrLang

Disagree and I do market analysis for huge banks and hedge funds for a living.

I think this issue might need to be more clearly defined, though. What are you meaning by 'taking a dive?'

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I mean dropping off/ slowing down/ less interest/ not enough demand for the supply/ you get it..

Wow alot of great points. It's just interesting to see everyone's view and experience with this market. I wont be breeding until next season but this is just such a great hobby. It's like therapy for me to take care of these guys, watch them grow, and make some killer clutches while I'm at it ;) I sure hope nothing dies down and defiantly hope the hobby grows!

The biggest thing I would personally worry about on this note would be a ban either on the transport/ sale or possibly even possession of these snakes as we recently saw with burms, retics, and the like. This is why IMO we need to keep up on the current status of suggested legislature in our states and nationwide Also if we're financially able, donate to and join USARK. I am definitely guilty of not doing as much as I probably could have to fight that law being passed and I regret it.

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Well, the way I see it, all markets have their ups and downs.

Breeding ball pythons may seem like the next "get rich quick" scheme, and yes there are a number of people every year who get in over their heads buying, buying, buying. But then, six months or a year later, when they realize just what is involved in successful breeding, these people get right back out again, and because most of them at that point are frustrated beyond belief at the failure of their plans, they often sell their animals at ridiculous prices.

However, there are new people coming into this hobby at a pretty steady rate, and as long as there are newer hobbyists, there will be a market for the inexpensive normals and single gene morphs. As the new hobbyists become more aware of the enjoyment to be had with these animals, more and more of them will become interested in breeding for the right reasons, and thus the market will perpetuate itself. As long as we do our part to ensure we as reptile keepers don't let the morons at HSUS and PETA take or animals away from us.

Gale

I think the ball python market has went through a correction and had to adjust prices due to the recession.

A lot of people lost their jobs and had to sell their collection. People also got in thinking it would be an instant additional income stream, but nobody told them it would take 2 years before their females would be big enough to breed and in the mean time you are stuck with the care bill that comes out of your day job.

I think once a strong recovery in the economy takes place and we can actually start to see unemployment numbers go down demand will once again out strip supply as people start to get back into the hobby.

Also today we have more people than ever doing reptile education programs for kids. This is creating a future generation that is more aware of the various pets available to them. When I got out of High School in 1993 only weirdo people would have snakes as pets, now days it has started to become more acceptible.

Overall I see a huge pick up once as a nation we can get our economy expanding at about a 4% rate or better again.