Quote Originally Posted by gopro
Why are people talking about supply and demand? You say supply and demand but there will always be a cause on WHY the price went up in just a few months, just like Suikoden1/2 went up in price. Why did they go up in price? Becuz Suikoden 4 and Resident Evil 4 came out, hello dummy people that brung up supply and demand. Dont say it if you dont know what ur talking about.
Only saing something pointless like "o its supply and demand", what about it?No one even mentioned about those games causing the Price eqilibrium going up due to supply going down and the demand going up. I hate Economics, so gay the class.
No offense, honestly, but I have no idea what you're talking about.

Your facts aren't even correct.

Supply and demand is EXTREMELY important to the relative pricing of video game (and all) collectables.

The more of something there is, the easier it is to get. The easier it is to get, the more competition there is amongst sellers. This results in price reduction - PERIOD.

The less there is of something, the harder it is to get. The harder it is to get, the less competition there is amongst sellers. This results in sellers being able to ass-rape the interested buyers - PERIOD.

This is the heart of capitalism, and has everything to do with prices getting out of hand.

Unfortunately, the only problem with this model is that there can be instances of incorrect information relating to supply. Some jackasses start the word of mouth that something is harder to find than it really is. Next thing, it's friggin' gospel. No real factual data to back that information up, mind you, but everyone believes what they hear.

Next thing, the prices go up, and up. After a while, they plateau, and will come back down after all those folks who "have to have it" spend a fortune. Assuming the supply is still there, the price will definitely decrease.

Oh, and by the way, the release of Suikoden IV and Resident Evil 4 have almost absolutely nothing to do with the prices of the previous releases going up. Suikoden II has been selling for top dollar for a while now - even before part III was released.

However, if people play the new ones and like them, but never played the older ones, they may get interested in trying part I or II - and seek them out.

That doesn't necessarily mean they will pay top dollar to get them though.

Sorry for the Econ lesson, but what you said simply isn't true.