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Old 10-30-15 | 06:02 AM
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iab
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From: NW Burbs, Chicago
Originally Posted by Happy Feet
Interesting thread.

I have a philosophical question that might draw a lot of heat but I really don't mean offense to anyone, just something I think about.

When I look at CL I see a lot of C&V related listings that are crazy expensive (to me) and I assume many are flipping or riding the trend upwards that it creates. If an aggressive flipper works a local market they can denude a lot of reasonably priced transportation for lower income people. Good for the individual flipping but bad for people looking to buy an inexpensive bike. Some may say you should be willing to pay for value but in reality, many of those expensive bikes were cheap bikes a few days or weeks earlier. I know it's an unpopular POV but I just think many of those listings represent a weirdly artificially raised market place created by the concept of purchasing for profit and not for actually seeking a riding bike. Yes.. no?
Seller does not determine price. Price is determined by what the market will bear.

Why should the bike market be kept artificially low? Should we put price caps on it?
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