Reply to At what income does one pay thousands of dollars for concert tickets?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think the people responding to this post have completely lost the point. It is that concert ticket prices are obscene, they didn't used to be this way, and as an average person with an average income it is inconceivable that anyway would have thousands and thousands of dollars to spend a couple of hours one night, when many are worried about making rent or feeding their kids. It is a level of inequality we have never seen, and it is unsustainable. I think it is very clear from your posts where most of you land in that equation. [/quote]

I don't disagree about inequality, but this is a difficult to impossible to stop function of the insane demand for Taylor Swift tickets. Face value tickets were expensive, but not outrageously priced; it's just that way more people wanted to go than could ever be accommodated. It's a long tour with lots of shows in big venues, and there's still enough demand on the resale side to lead to crazy prices.

To answer the question, our HHI is $175K and I saw Taylor. I was lucky enough to get face value tickets from a friend of a friend, so the real cost was about $1000 when you factor in flights and hotels, for me and a friend to see the concert and spend two days in Nashville. If the cost of the tickets had not been face value it would have been too much. [/quote]

It is possible. Sweden has a law that limits ticket resales to a certain percentage of the face value. That’s why the Stockholm resale prices were reasonable. [/quote]

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