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The economics of the sneaker resale market

The Hustle Daily Show

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The Resale Market's Cooling Down

The average price return on stock X in 2022 was negative 7% compared to 23% in 2021. Rising fees, the IRS taking notice, that definitely made a huge impact. I think because there's so much product out there, there's dozens of sneaker releases every weekend. So I think the stock Adidas, Jordan, Nike, just too much.

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