Quote:
Originally Posted by Jay Random
There is nowhere near enough of it. Waiting lists are years long, and the supply cannot be easily increased because homeowners (who want the value of their property to go up) do not want affordable housing built in their neighbourhoods.
The point stands on its merits.
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No it doesn’t. Housing and entertainment tickets work on two very different systems. None of what you said here is relevant.
And it’s a bit more complicated than “basic supply and demand” (which is always a funny phrase to watch people trot out). One of the biggest and most obvious differences is that the NHL cannot charge the maximum the market will bear if that pricing does exclude families (like WhiteOut said) or puts them out of competition with other entertainment options. Ensuring people can afford to bring their kids to games is essential in building out the next generation of ticket buyers. This is already an issue for most major sports, where younger generations are happier experiencing them solely through a screen or not at all. It’s a problem that will get worse the longer it goes on, especially for hockey where actually playing the game is also prohibitively expensive for a lot of families.
The NHL can’t just follow “basic supply and demand.” A lot of businesses can’t. There are things like building and protecting culture and a future customer base that needs to be factored in, which includes pricing structures and accessibility.