Quote Originally Posted by Jimbo View Post
Got me thinking about vinyl and the escalating price that now seems to be happening on the back of Greedflation. Obviously 10 years ago or so you could buy bucket fulls of vinyl records second hand for absolutely peanuts. I used to go to a local indoor market where there were two record stores and the owner would price up the LPs at ridiculously low prices usual around £4 an album and that was for the good stuff. I would grab 10-15 records and instead of adding up their price the owner would just sell it as a job lot usually about £20..for about 10 records. And I was buying the classic stuff which now fetches eye watering prices.

If I had know then what I know now I could have hoovered up huge amounts of the really great releases and sold on for a fortune but hey ho didn't have a crystal ball. But now most of the really good stuff and classic recordings are priced way above what I would call reasonable and now the newly released stuff is starting to escalate in price. Most new vinyl a few years back rarely exceeded £20 but now it is priced up at £30-£40.

So with most of the worlds population streaming everything for nothing what does the record industry think will happen when young folk who are already strapped for cash are then being asked to stump up £30 for a record which is not guaranteed to be perfectly produced. I have bought so much stuff that has had to go back for various reasons and simple gave up trying to get a nice clean copy of Pink Floyd Endless River. The industry is in danger I feel of killing off its sales with high pricing of records as folk will simply buy fewer or none at all.

But it still has a long way to catch up with Mint or Near mint classic albums available via Discogs looking at some of the prices so maybe new stuff is actually good value?
50% of new vinyl never gets played, and that figure rises with the young.