This won't affect the price of vinyl. Most CD buyers just don't want a bunch of lawyers ruining their collection as happens on the different services from time to time. Ripping a CD to mp3s and sticking them on a thumb drive is easier than with vinyl, but vinyl has its own tactile experience.
The types of nostalgia are not the same. Which is really unfortunate since I would also like more affordable vinyl records.
Vinyl is just more cumbersome to make and ship and store, there's no way the price goes down. As someone who only likes vinyl for the art size I'd almost wish CD longboxes or something similar would come back.
The tactile experience is one thing, but if you are bothered by the heavy use of compression on CDs (the loudness wars), then vinyl might sound better to you.
Now that people aren't listening to CDs in the car, it would be amazing to see some remasters of CDs with the dynamic compression dialed back a bit.