(Topic ID: 332717)

Are we at the point of Market Saturation?

By vdojaq

1 year ago


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  • 515 posts
  • 143 Pinsiders participating
  • Latest reply 8 months ago by cottonm4
  • Topic is favorited by 13 Pinsiders

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    There are 515 posts in this topic. You are on page 11 of 11.
    #501 10 months ago
    Quoted from DCfoodfreak:

    No firesales or collapse but you have to be crazy to not see the major shift happening. Be it stupid pricing, Plenty of inventory or post covid shift in interest, the new reality is folks are holding back happy with what they have and dropping FOMO market insanity.

    You are entitled to your opinion but looks like a "minor shift" to me. The "major shift" was what we saw in 2020.

    #502 10 months ago
    Quoted from DCfoodfreak:

    No firesales or collapse but you have to be crazy to not see the major shift happening. Be it stupid pricing, Plenty of inventory or post covid shift in interest, the new reality is folks are holding back happy with what they have and dropping FOMO market insanity.

    So prices aren't going down? Then who cares.

    #503 10 months ago
    Quoted from PinFever:

    You would be in denial if you think it is not saturated

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    #505 10 months ago

    After watching the Pinside marketplace for 9 months, my perspective is the prices have dropped an average of 20% from Jan-Mar 2023. Also, it's 100% a buyer's market right now and inflation really brings out the urge in people to get deals done. No better time to haggle and buy a pin it seems. Recently sold low as well as purchased low. Pinside marketplace numbers are still catching up, but you can expect those averages to keep going down a bit as people tag sold prices in the current climate.

    #506 10 months ago

    Bubble not popping. It only farted a little.

    #507 10 months ago

    20% flatulence expulsion

    #508 10 months ago
    Quoted from CrazyLevi:

    You are entitled to your opinion but looks like a "minor shift" to me. The "major shift" was what we saw in 2020.

    We seem to be in a period of rising interest rates. I lived with the Paul Volker rates in the 80s. 22% for a time. Treasury bonds were paying 18%. My home mortgage was 10%.

    Do you think rising rates will not affect pinball?

    #509 10 months ago
    Quoted from cottonm4:

    We seem to be in a period of rising interest rates. I lived with the Paul Volker rates in the 80s. 22% for a time. Treasury bonds were paying 18%. My home mortgage was 10%.
    Do you think rising rates will not affect pinball?

    Seems very unlikely that mortgage rates will go beyond 10%. Still around 7-7.5% for 30 year.

    #510 10 months ago
    Quoted from cottonm4:

    Do you think rising rates will not affect pinball?

    Not nearly as much as it will affect pinball pricing threads.

    #511 10 months ago

    The Pinball Bubble has momentarily off gassed. Pssttt by 20% a readjustment.
    People are pissed at companies for price gouging and selling polished turds(spooky) to consumers at inflated FOMO prices.

    It's Like Supreme.

    Good news people still like Pinball and Barcades are doing well. So maybee the companies will give the Distros and guys a break.

    1 week later
    #512 9 months ago
    Quoted from CrazyLevi:

    The last 20 years have all been leading up to this.
    The bubble has burst.
    The market is saturated.
    Within 120 days, fire sales will rule the land and we'll all be getting games for super dooper cheap.
    FINALLY!

    What is this ‘bubble’ you speak of? Please tell us more.

    Or start a thread about it.

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    #513 9 months ago
    Quoted from underlord:

    Or start a thread about it.

    Lmao. Poking the CrazyLevi bear...

    You will know a bubble burst has happened when these threads shift to "When will Stern/JJP/Spooky go out of business causing prices to surge?"

    It's almost like we've seen all these threads before on RPG lol.

    #514 9 months ago
    Quoted from BallLocks:

    Lmao. Poking the CrazyLevi bear...
    You will know a bubble burst has happened when these threads shift to "When will Stern/JJP/Spooky go out of business causing prices to surge?"
    It's almost like we've seen all these threads before on RPG lol.

    Watch out man, your age is showing. What is this ‘RGP’ you speak of? Maybe start a website about it.

    4 weeks later
    #515 8 months ago
    Quoted from PanzerFreak:

    Seems very unlikely that mortgage rates will go beyond 10%. Still around 7-7.5% for 30 year.

    Mortgage rates are now at 8.25% if I am looking at correct information.

    https://promotions.bankofamerica.com/homeloans/todays-rates/mortgage?subCampCode=52666&dmcode=18099638893&cm_mmc=CRE-SD1-_-Google-PS-_-30_year_mortgage_rate-_-NB_Term__638893&gclid=CjwKCAjws9ipBhB1EiwAccEi1BfkAdhbZK56ArLBTyW5MooDWdqIQOaz_1wcTfdyUOQ8j-V5mT2JQBoCpF4QAvD_BwE&gclsrc=aw.ds

    ==================================

    "The yield on a 10-year Treasury reached 5% for the 1st time since 2007. Here's why that matters"

    .

    https://www.yahoo.com/news/yield-10-treasury-reached-5-131529201.html
    .

    " Higher yields mark a sharp turnaround for a generation of consumers and investors who have known pretty much just low yields, as central banks kept benchmark interest rates pinned at nearly zero. Such low rates let people borrow money more easily, which helped economies to strengthen following the 2008 financial crisis, the European debt crisis and other maladies including, most recently, the COVID-19 pandemic.

    The low rates led to rising prices for houses, stocks and other investments, but they may also have encouraged too much risk-taking and spurred investment bubbles."
    ====================

    Will pinball be considered a hedge against inflation and overcome rising interest rates?

    I lived through Paul Volker's 22% interest rates. They could go a lot higher.

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