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  1. #29
    BPnet Veteran nevohraalnavnoj's Avatar
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    Re: The REAL reason for dropping prices?

    Quote Originally Posted by elevatethis View Post
    If demand was going up and up as you say, and the supply was still limited as a result of them laying small clutches and being picky breeders, Economics 101 tells you that the prices would absolutely not decrease.

    There absolutely is such a thing as a back door deal. When advertised prices are always 50-100% higher than what they are actually selling for, speculation starts to become a huge factor in what happens to the price. All of those back door deals got around and everyone began to think, "well, if I just wait a year, I can buy it for half." With everyone thinking that and no one buying, its almost a self-fulfilling prophecy because that causes the demand to decrease, with the prices following right behind it.

    Think about it, why should I buy a pied now for 2500 when I can wait 2 years or so when they are at or under 1000? Those kinds of statements get into everyone's heads and that kind of speculation truly does affect the market.
    I believe that demand is going up, and prices are staying the same if not going up...but that price structure shifts over the morphs. MEANING, a pastel may have been $1000 two years ago and now is relatively inexpensive, but the butter, for example, has now filled that spot.

    The car market would be a rough analogy. Say a 2005 XYZ is now only worth $2000 when it used to be worth $18,000. But the new 2009 XYZ is worth $18,000 or more. So the price of that particular car (morph) has dropped but it's not like the bottom has fallen out of the market.

    Why should you buy a pied now vs two years? Because your breeding program will be two years ahead. If you just want it for enjoyment, that's a different deal.

    JonV
    Last edited by nevohraalnavnoj; 06-05-2008 at 11:49 PM. Reason: msp

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