Originally Posted by NomadicSole21
Just because a shoe is worth someone is asking for $200 wont mean it will sell at they'll get 200.
Worth is determined by what people are willing to pay, so if it was actually worth $200, they'd get the $200. However, there is a differencebetween someone's asking price (what they think it's worth), and what the actual market value of something is. That's when you see a product just sit there, or continuously get relisted.
As for why some of these shoes go for so much, the surface answers are easy, and obvious ones, but to understand the mindset of why this is, you have to look deeper than the act of buying the shoes, which can get complex. Since this country hasno homogeneous, unified culture of it's own, Americans live and thrive on hype and pop culture, clinging to anything that might give them a sense ofidentity (i.e. being part of the sneaker subculture). The need to identify with something will often cause one to make excuses to justify the wrong doings ofthat which they identify with, and thus, continue to validate that identity as legitimate. For example, "hardcore" fans of certain bands whodon't like the latest material from that band will often find ways to "let them slide", i.e. "it'll grow on me/you", or"it's pure genius, so we can't fully grasp it". Same with the shoe subculture. Many are so determined to be part of that subculture, thatthey will excuse (and subsequently, continue to buy, thus perpetuating the cycle) the poor quality and lack-luster end results of the current products.
Now obviously not everyone fits into the above category. That is what seems to split the crowd that refuses to buy up anything with Jordan on it, vs. thosethat say the "OG Jordanheads" are exaggerating the quality issues, or b*tching too much about colors and materials not matching the originals, orneed to accept the prices and what we're given nowadays. "It is what it is", as they like to say. Those that are obsessed with being a partof/identifying with the subculture will swallow anything to get that feeling of satisfaction, while those that appreciate the subject matter of the subculturemore so than the subculture itself will go on a hunger strike before they digest the mediocrity they are being fed.