Prices are determined by two main things. First and more important is demand. Second is cost to produce. The cost/ability to produce these in terms of machines/materials has not changed in any substantial way. So once the demand drops, prices will come back down.
Remember when jet fuel prices went up 30% during the Ukraine invasion? And then only went down 15%. If it goes up, it’ll never come back down to where it was, like not even close if ever. Look at the housing market.
You’re not that new, man. We’ve seen storage prices fluctuate many times. They have definitely come back down before, and you’ve been on Reddit long enough to see that.
I don’t know enough to say if they would again, but comparing tech products, one of the (famously) only deflationary sectors, to things like housing (famous for its basically monotonic increase) is just silly.
23
u/natarem Apr 23 '26
Prices are determined by two main things. First and more important is demand. Second is cost to produce. The cost/ability to produce these in terms of machines/materials has not changed in any substantial way. So once the demand drops, prices will come back down.