shah82 wrote:I strongly believe that puerh prices for most tea will crash, and decent tea will be available at some point for decent prices. .
My prediction is in 1-3 years' time. This is probably plain economics. Based on the new high prices and wealth, the tea farmers/suppliers are upgrading their houses and cars and need a higher income to sustain the new lifestyles. The middleman got squeezed in between the buyers and sellers. Sooner or later the buyers realized that the high price is too crazy and the quality is substandard and start to back off. Then the chain effect of price crash will happen.
When that happens, perhaps it's good for ANYONE on teachat including me,
it's just that, the price of Chinese goods never went on downside ever since the Chinese-Korean diplomatic ties of 94, and sky-rocketed since the Olympics. The current price of Beijing scared the Koreans, out of the inner Beijing. Wangjing, once the Koreantown, becoming a ghost town
I just can't feel on the skin....I heard there have been Yixing price crash taken place in 90s, but that time I wasn't into Yixings, or tea