If your soul so beckons you to fly to Atlanta in April, right now, you can literally buy a round-trip ticket from Washington, D.C., for $36. You might not be able to do shit while youโre there, but hey, that ticket price is hard to beat. Granted, itโs on Spirit Airlines, but shit, Door Dash-ing two cheese pizzas right now will cost you damn near the same as a round-trip flight somewhere.
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Clearly, the airline industry is in trouble.
Bars, restaurants and Burlington Coat Factories across the country are closed right now and for who knows how long. The economy is in trouble; the government plans to pump $2-trillion into it to just get us through the next few weeks. Iโm guessing food delivery workers in the gig economy are doing okay, but if one more of these folks doesnโt just leave my food at my front door like I asked, Iโm coming out the house spraying Lysol with reckless abandon. The point is, everybodyโs taking a hit right now.
Except for the sneaker resale market.
Famalam. I was hoping that the silver lining of this maybe-maybe-not sick and shut-in episode would be a slight downturn in rare and highly-coveted sneaker prices. Donโt get me wrong, I understand that some shoes, like pretty much any of Virgil Ablohโs Off-White x Nike collaborationโfor instance, the Air Jordan 1 Off-White-Chicago are going to be going for upwards of $3,500 even when the planet implodes, same for the University Blue joints at $1,200-plusโwill always be on the higher end and even a drop in prices will be minimal.
But yo, Kanye is basically trying to live up to this ideal that every man, woman and child should have a pair of Yeezys and releases a new (but really the same old) colorway of his 350 v2s every week and they still manage to resell above retail. Last week, he released his Adidas Yeezy 350 v2 โCinderโ for their standard $220 price tag, and theyโre on the sneaker resale sites like StockX or GOAT for upwards of $270 or $280! Shoes that would have more than likely released to actual sneaker retailers like Foot Locker are still begging for higher than retail prices. First, the Fat Boys break up, now this.
Even Lebronโs shoesโshoes that I know I saw in stores for retail at $200 three weeks agoโare pulling in above retail prices in some places. For instance, on Stadium Goods, a sneaker reseller with a storefront in New York City, the Lebron 17 โLakersโ colorway size 10 are priced at $295, an almost 50 percent increase over retail. The benefit to Stadium Goods is that you can get your shoes in as little as two days because their shoes are all verified in-store before theyโre listed. StockX, however, has the same shoes for $164, a cool $36 BELOW retail. The downside? It can take up to two-weeks to get them joints since the shoes are listed by individuals and then must be sent into a StockX sneaker verifier (you will know that your shoes are authentic by the green StockX token affixed to the shoes via string) and then sent to you. I hate waiting weeks for shit so if the prices are close enough, Iโd just go the Stadium Goods route. But why the fuck is anybody buying Lebrons off one of these sites anyway? Theyโre in stores! You dontโ have anywhere to wear them right now anyway unless you donโt care about humanity; you can probably wait for some Lebrons.
Me, I have a short-list of shoes I keep my eyes on that Iโll probably never buy because I canโt justify the price tag OR the financial cost to my household. I want the Jordan 1 โVarsity Redโ joints but on StockX theyโre going for $615 in my size; on Stadium Goods, theyโre $775. Theyโre $610 on GOAT so Stadium Goods is waaaaay overpricing. But again, I could have them by Wednesday so I could hug and stare at them, meanwhile if I go through GOAT or StockX, Iโll be waiting weeks. Oh, they retail(ed) for $200; only 23,000 pairs were sent to market. Admittedly, this whole convo is ridiculous especially during a global pandemic. Iโd be remiss if I didnโt point this out. I know it and you know it. We all know it just like we all scream for ice cream. But the shoe game is a ridiculous one.
Honestly, I donโt need any of the shoes Iโm paying attention to, I just want them. Itโs an addiction. I check sneaker prices the way some folks check out stock tickers. Iโve stopped myself from making ridiculous sneaker purchases during this time of self-isolation and quarantine. It seems like nobodyโs job is safe and Iโd hate to cop some shoes for $1,000 (Iโd never really do this, I donโt think) just to find out Iโve been downsized. My kids canโt eat my love for rare shoes (or hip hop). I will say that I do get excited though when I realize that a pair of shoes Iโve kept on ice (never worn, still in the box) is on the resale market for substantially higher than what I paid for them? I have several pairs of shoes going for $500-plus that I managed to get for retail. Go me. I do still wish prices would come down. But folks who spend a lot on shoes are going to keep spending a lot on shoes and I guess that means Iโll never be able to get those Jordan 1 โVarsity Redsโ unless I inherit them from some uncle I donโt know who also happens to be a sneakerhead.
In the meantime, when Iโm not teaching my kids math or organizing my house, Iโll continue to monitor what amounts to the shoe stock tickers, looking for a steal. Let us pray that it doesnโt cost me an arm and a leg to put some new fire kicks on my feet.
I also pray for the end of this global pandemic. Amen and Ase.
Straight From
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