Bicycle808 said:
Flippin' makes you money....but it drives prices up for all of us... thin your herd when you gotta (and we all oughta) but buying to flip= being part of the problem.
Sorry to be honest; I know y'all flippers hate that...
Well, I don't flip bikes..but I have to disagree with your point. It is all supply and demand like any other business. The more parts and bikes on the market, the less the price will be. If people started hoarding, there would be less chances to buy which means people would pay more for those chances.
If you cut supply, prices go up. Just ask OPEC. They've been doing it for years! :lol:
Now TV shows like American Pickers have certainly driven up the prices. Everyone who has a bike with rust on it, thinks they have a $1500 bike.