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stickyfingers101
the prices of tickets have grown due to "easy access to credit"

when I was younger (and presumably a lot of you as well), you had to have CASH to pay for your tickets...

CASH will always keep the prices down, b/c simply put, many people cannot come up w/ astronomical amounts of cash easily (w/o not paying bills for a month or something)....and it's been proven over and over and over that people ALWAYS spend less when they use cash (we have a natural aversion to spending tons of cash...not so w/ credit).

So, ticket prices had to be "reasonable" so that people could actually buy them....and would not have the "cash-aversion" created by unreasonably high prices.

These days? Everybody has a credit card (including many who should NOT), so just about anybody can buy just about anything at just about any price....and they do.

No wonder the world is drowning in consumer debt. Something like $3 trillion in the US.

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daspyknows

Quote
stickyfingers101
the prices of tickets have grown due to "easy access to credit"

when I was younger (and presumably a lot of you as well), you had to have CASH to pay for your tickets...

CASH will always keep the prices down, b/c simply put, many people cannot come up w/ astronomical amounts of cash easily (w/o not paying bills for a month or something)....and it's been proven over and over and over that people ALWAYS spend less when they use cash (we have a natural aversion to spending tons of cash...not so w/ credit).

So, ticket prices had to be "reasonable" so that people could actually buy them....and would not have the "cash-aversion" created by unreasonably high prices.

These days? Everybody has a credit card (including many who should NOT), so just about anybody can buy just about anything at just about any price....and they do.

No wonder the world is drowning in consumer debt. Something like $3 trillion in the US.

I think the reason is that artists no longer make money from record/cd sales like before and record companies no longer subsidizing tour costs to sell records/cds.

Credit does make it easier to buy but prices are basically supply and demand for major artists. If tickets are worth $300 in the secondary market and the tickets sell for $30 then someone else makes the money. That is why the Stones manage pricing the way they do.

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vertigojoe
October 3 1982 Manchester Apollo AC/DC + Y&T £6.50 ticket price. I paid £10 to a guy at school who wanted the money to buy a ticket for the Stones at Leeds Roundhay Park.

Quote
daspyknows

Quote
stickyfingers101
the prices of tickets have grown due to "easy access to credit"

when I was younger (and presumably a lot of you as well), you had to have CASH to pay for your tickets...

CASH will always keep the prices down, b/c simply put, many people cannot come up w/ astronomical amounts of cash easily (w/o not paying bills for a month or something)....and it's been proven over and over and over that people ALWAYS spend less when they use cash (we have a natural aversion to spending tons of cash...not so w/ credit).

So, ticket prices had to be "reasonable" so that people could actually buy them....and would not have the "cash-aversion" created by unreasonably high prices.

These days? Everybody has a credit card (including many who should NOT), so just about anybody can buy just about anything at just about any price....and they do.

No wonder the world is drowning in consumer debt. Something like $3 trillion in the US.

I think the reason is that artists no longer make money from record/cd sales like before and record companies no longer subsidizing tour costs to sell records/cds.

Credit does make it easier to buy but prices are basically supply and demand for major artists. If tickets are worth $300 in the secondary market and the tickets sell for $30 then someone else makes the money. That is why the Stones manage pricing the way they do.