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Old 2nd October 2008   #1
dogsballs
 
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Mini fixed increase due to student loans?

chatting with gizmond last night at the pub and we both had noticed an increase of prices of frames and bits in the past few weeks, especially after a fairly quiet period during most of 'summer'. is it just uni students spending their student loans?
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Old 2nd October 2008   #2
overdrive
Bloody students eh!
Just to keep you company,Dale.
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Old 2nd October 2008   #3
Jim Jones
 
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yeah, fair comment, saw my OTP stead "reduced" from £470 to £420, I paid RRP of £400 back in August in the same shop. Robbing cunts/fecking students.

Lesson learned for future years though!
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Old 2nd October 2008   #4
Jim Jones
 
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That said with a 10-15% student discount it'll be about the same price as RRP.
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Old 2nd October 2008   #5
gizmond
 
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Good if you've got some spare bits to sell though ;-)

Bit of a bitch if you are (and I am) looking to start a new project.

As you where saying though, it does seem to be a very particular set of bits (frames, bikes, wheels) that seem to be going high, although anything in steel with trackends will get a good price on ebin.
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Old 2nd October 2008   #6
STEVE
Quote:
Originally Posted by dogsballs View Post
chatting with gizmond last night at the pub and we both had noticed an increase of prices of frames and bits in the past few weeks, especially after a fairly quiet period during most of 'summer'. is it just uni students spending their student loans?

I concur.It probably has nothing to do with the constant increase in commercial rent, global financial woes, increasing production costs, or the highs and lows of the commodity market, and it is more than likely due solely to the students of the world recieving around a grand each.
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Old 2nd October 2008   #7
CYOA
 
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steve - you beat me to it...
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Old 2nd October 2008   #8
cliveo
 
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Quote:
Originally Posted by STEVE View Post
I concur.It probably has nothing to do with the constant increase in commercial rent, global financial woes, increasing production costs, or the highs and lows of the commodity market, and it is more than likely due solely to the students of the world recieving around a grand each.
I wonder if the recent round of student loans has created the liquidity crisis that has seen off banks such as Lehmans and Braford & Bingley. An angle that I had not previously pondered but one that makes a lot of sense.
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