And they finish up saying "The used TV market is broken"
But actually I would say: "the TV market is broken"
One could say the price reductions are due to less demand (computers, internet, etc), or maybe because of improving technology
But really something that falls in value so fast has of course a value for the user (watching TV) but not a "market value"
Tvs are (more or less) fungible, there's basically no incentive of getting the latest model and if it breaks you just get another one.
So it's actually worse than the car market in some ways
And they finish up saying "The used TV market is broken"
But actually I would say: "the TV market is broken"
One could say the price reductions are due to less demand (computers, internet, etc), or maybe because of improving technology
But really something that falls in value so fast has of course a value for the user (watching TV) but not a "market value"
Tvs are (more or less) fungible, there's basically no incentive of getting the latest model and if it breaks you just get another one.
So it's actually worse than the car market in some ways