Probably important to remember that a slew of people made a lot of money the past 2 years during COVID in the market. I made a good amount of money and I can't imagine what others with greater means did.
When I watch TV I see a lot of commercials targeting people who don't just have money to spare, but actual wealth. Air B/B and VRBO rental commercials are targeting very high end rentals. There's vacation package rental companies targeting high end experiences. I'm seeing a lot more luxury and electric vehicle commercials rather than work truck and economy car commercials. Even the electric vehicle commercials aren't making much of a deal about money saved on fuel.
There are people out there with money to spare that see nothing worth having in stocks, bonds, real estate, or other traditional investment. I'm not saying we're due for a rush of high end investors, but I think there's enough playing around in the vintage market to keep prices elevated after other parts of the hobby experience a value downturn.
Semi-unrelalted, but I've also noticed a chunk of the people who returned to the hobby the past 2-3 years that have gotten burnt out on modern and hunting junk wax childhood favorites...they really want "a few" vintage cards and are heavily gravitating toward T206s. Some branch out beyond the T206s.
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