Quoted from nikpinball:More people, more leagues, social media, pinball arcade app, barcades, culture of vintage gaming being hip for 18-35 year olds, general economic inflation can all be attributed to rising prices. NIB prices rose because stern had no competition then when they finally got it the established prices were on a high.
Right now they're just trying to beat each other in quality.... not price. 8k+ is really tough and tough to make money on a route but in order for the price to go down a chinese/korean/vietnamese manufacturer will have to come in and make a nice game for 4-5k to drive down prices in the NIB dept.
The price increase is 100% tied to late gen-x / early gen-y like myself being able to afford them now. The apps and VP tables just wet the appetite. Nostalgia factor is there, I played the games I own when I was little (minus Comet).
I don't think the hipster thing is a factor. Most of the barcades I've been to are nearly 100% vids. I guess they don't wanna deal with pin maintenance. Besides, riding around a vintage schwinn for 1/5th the cost of an entry pin in public gets you more hipster cred than a pin sitting in your house. I'm waiting for someone to mount a record player to the back of one with a tube amp running into vintage speakers. They can call it the WASP blaster.