You See Sneakers, These Guys See Hundreds Of Millions In Resale Profit

2 pages and no cliffs? I love reading but no way in hell I'm wasting my time to read about burgers trying to live off of sneakers
 
back at the tail end of 2008 and 2009 the so called sneaker bubble popped but the whole country was going through the financial crisis at the time
it jumped back up in 2011 during the concord's and 2012 with the foam galaxy's and since then its been beyond inflated and has not slowed down
 
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The problem is people actually paying the resale price. Stop buying from others for double or triple and it's done. I refuse to give another man my money for free. If I miss out, move on like a man and keep my hard earned money.
 
BeezyGotSole said:
People have been waiting for the bubble to burst for a good 5-6 years now. I think that the bubble won't burst simply because kids are starting to get into buying shoes at the age of 13. The cycle will just keep going.
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What? :lol:

Your timelime is way off.

**** didnt get bad till the concord release 3 years ago.

Before that you could buy stuff easily. Got my BC3 by walking into the mall at 7pm.
 
How much of this can you blame social media for? People are willing to pay whatever just to be able to post their limited kicks on IG, FB or twitter. $700 for Jeter's is hilarious. $160 is a resale price for 1's.
 
YEP people are going to continue buying sneakers... those days of copping after release day for retail are over... blame flight club and the resellers for jacking up the price...but also nike is to blame also for limiting the shoes which encourages the resell market
 
Crystalmethod said:
What? :lol:

Your timelime is way off.

**** didnt get bad till the concord release 3 years ago.

Before that you could buy stuff easily. Got my BC3 by walking into the mall at 7pm.
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I woulda said 09 like Meek said

I think that's when the cg 11s came out. Either 09 or 10
 
I hope this bubble doesn't burst. I don't buy Jordan's like I used to, only bought 2 pairs this year so far. However I'm making a good chunk selling bits and parts of my collection. Man, I sold some well worn French Blue 7's for $300 a couple months ago. Couldn't believe they went for that much.

You want shoes that sit on shelves. Buy current stuff, things don't become classic overnight. Nostalgia is a good thing but don't let it be your crutch. Tons of shoes that are becoming classic iconic designs out there.
 
Crystalmethod said:
What? :lol:

Your timelime is way off.

**** didnt get bad till the concord release 3 years ago.

Before that you could buy stuff easily. Got my BC3 by walking into the mall at 7pm.
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Lol not sure where you are located but in the DMV area stuff got bad after the Space Jams dropped in 2009 and foams got super hyped after the coppers dropped . All depends on location. I havent been able to just walk in and out of a mall since 08.
 
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It's funny but man, in every single bubble there are those that are so steadfast certain that whats going on is sustainable and will continue to happen. The kool aid drinkers if you will. It could happen next month, it could happen five years from now, fact of the matter is, eventually people are gonna realize how foolish and unnecessary it is to be spending pay checks weekly on sneakers.
 
if you say it like that then it's foolish to buy luxury brands in general. those are niche markets that are way smaller than sneakers and they haven't gone anywhere. i think you're underestimating the amount of wealth in the world.
 
1% of the people in this country are wealthy. The rest are average to above average. When things get tougher those people will be squeezed and will realize their priorities. The amount of people with **** you money are far less than the those living check to check. And most people that buy these kicks are people in the average to above average market. They make up the greater demographic.
 
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23kickz said:
if you say it like that then it's foolish to buy luxury brands in general. those are niche markets that are way smaller than sneakers and they haven't gone anywhere. i think you're underestimating the amount of wealth in the world.
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You're underestimating the amount of people who sell to Paul to buy from Peter.
 
Or wait a few years and the next generation collectively decides it wants to be different than its predecessor and takes their interests into a different avenue.

It happens allll the time.



Bubbles ALWAYS burst.
 
If its not a necessity or enhances your life in anyway, it can fade away VERY quickly. Its tough to stay relevant if you dont fall into either one of those categories.
 
what i mean is, there are plenty of people that live beyond their means. i don't think that is going to change anytime soon. they will just build more debt for themselves.
 
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How will they continue to buy sneakers when they're entrenched in debt? Eventually, expenses will need to be cut or else wages will be garnished. This isn't a necessity or even something that the mega rich fawn over and could carry on their own. These aren't Ferrari's or Hermes belts. They're freaking basketball sneakers that mostly teenagers and young adults wear.
 
JohnnyRedStorm said:
People paying $200 plus for shoes is not logical or sustainable. I don't care who wears them or who made them. Let's be serious this isn't something people need and in time folks will realize that. Just wait for the economy to slow down some more.
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we're having two different arguments

your pov is on the collapse of everything that's a material want basically

yes, if there's another reported recession the shoe bubble will burst but that's obvious because damn near everything will thats not vital to life

I bought my car during the recession cause they were damn near giving them away and my pay and job never was affected

I think others here are hoping for the shoe bubble to burst without some sort of economic catastrophe
 
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LMAO. I love the guys rationale for camping at minimum wage

all the market is right now is a massive bubble

it will pop

anyone who thinks otherwise is a straight up fool, and I have a bridge to sell you
 
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