alt Hacker News> Now only rich people get to enjoy a sport meant for the masses, yay.
I'm so tired of people trying to pretend that limited tickets to an event billions of people want to attend ought to be available to poor people just because. If they sold for a penny, the resale market would eat them up and they'd still cost what they cost. If you'd bought them for $10, you'd instantly turn around and sell them for a few thousand to someone else.
I'm sorry no one prepared you for the fact that rare things have value, but perhaps some introductory economics classes, instead of TikTok-trite-internet-rage would be helpful.
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Perhaps if you could find economics professsors that agree with each other, I would.
Not everything must be race to the bottom. Not everything should be a fucking market.
If only rich snobs and people with poor financial control can afford your tickets, that will be the type of fan you’ll retain.
I’m going to straight up call this a classist view to hold. Things like sports events, music events became popular BECAUSE of the working classes watching and taking part. Football, the biggest single sport on Earth would be nothing were it not for the millions of working class people playing it, filling stadiums, following their teams through thick and thin around the world and stretching their budgets to do so.
And you think it’s ok for rich people to swoop in, appropriate the attire and vibe of the sport and working class people just need to suck it up because they’re poor? The people who made the sport what it is now can’t enjoy it? The people who STILL make the sport what it is?
Disgusting.
You assume a big assumption: that everything has to be run by efficient markets.
> If you'd bought them for $10, you'd instantly turn around and sell them for a few thousand to someone else.
I expect there are plenty of people who would in fact, not do that.
At many income levels and budgets, gaining $1k from selling a ticket helps a lot less than losing $1k from buying a ticket hurts.
Plus many people aren't rational economic actors and would keep the $10 ticket and enjoy the show even if it doesn't make economic sense.