I collect and play a lot of old games (PS1, N64, Gameboy, and Ps2 are the main ones I buy for), but the prices on retro games are rising rapidly. Many games have doubled or tripled in price since around 2020. I like to play PS1 RPGs, but a lot of them are worth way more then I'm willing to spend nowadays. I usually prefer original hardware over emulating, but I've just been priced out of most systems (PS2 is about the only one that I care about where the price is still afforable, but even that is way up). Do you guys think this is a bubble that will pop, or are these insane prices here to stay?
(P.S. if you don't belive me look up any major game on pricecharting.com and look how the prices have spiked since 2020)
It's also worth noting that the price increase started rapidly in 2020, it wasn't a gradual thing at all.
Yes that's a good sign of a bubble, but if there's a game you really want I wouldn't wait more than 6-12 months to buy it, unless you think the current price is ridiculously exorbitant.
I would argue it's a sign that the US government instantly devalued the dollar by about 30% by inflating the monetary supply with stimulus checks.
If you really want to track dollar devaluation it is best observed by pegging against gold and real estate.