Fine Eric, but calling that Nitto stem a vintage part is a lie. On Tuesday, November 11, 2014 4:23:12 PM UTC-6, Eric Norris wrote: > > Not sure I agree with this. In the real estate world, for instance, prices > are set by “comps,” which are homes that have actually sold. If someone on > my block put his/her home on the market for ten times the typical price, it > wouldn’t budge prices for the other homes one bit … until it sells for that > price. > > At that point, it would tend to raise the potential price of the other > similar homes. > > If Mr. High Priced eBay Guy is actually *selling* things at high prices, > it will encourage others to raise the prices of their items (or it will > encourage buyers to bid more so they don’t get outbid). If he’s just > posting his items at high prices while others keep selling the same items > at lower prices, it doesn’t seem to me that prices overall would go up. > > eBay is an free marketplace where people pay what they want to (willing > seller/willing buyer). Nobody is holding a gun to anybody’s head to make > them pay too much. As a previous poster to this thread suggested, there are > many reasons why people pay high prices for something—think about this the > next time you buy a single, chilled bottle of soda at the checkout counter > for the same price as an unchilled sixpack a few steps away in the store. > > —Eric N > campyo...@me.com <javascript:> > www.campyonly.com > www.wheelsnorth.org > Blog: http://campyonlyguy.blogspot.com > Twitter: @campyonlyguy > > On Nov 11, 2014, at 12:56 PM, Anton Tutter <atu...@gmail.com <javascript:>> > wrote: > > by setting prices to obscenely high sums, and actually waiting for someone > desperate enough to pay them, he's effectively driving the entire market up > > >
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