Did vinyl sales just hit the proverbial brick wall?

How much can it cost to break out the old equipment and press a new copy of a record a company already has the rights to and masters for? I’d love to buy some new reissues on vinyl, but the prices are arbitrarily ridiculous. Even used CD prices seem to be rising of late. I'm surprised someone in China hasn't figured this out and taken over the market. With their cheap labor, and pvc vinyl and cardboard costing zilch, they could probably manufacture and sell old records reissues for considerably less than a dollar. including shiipping. 

Mike

We oldtimers who love records can still purchase them on Ebay and from used record stores. By the time the interest and availability of vinyl records peters out, so will most of us anyway, so why worry about it. Instead enjoy what records we already have at home or can still purchase used.

I don’t, or won’t, stream music and probably never will. But I do stream Paramount Plus on television to catch or rewatch all the many Star Trek programs. I’ve seen most all of them, and have yet to see a single vinyl record on any episode. So the handwriting is on the wall.

My current plan is to outlive my peers and scarf up their record collections as they become available. It’s only out of politeness I’ve not contacted those of you who say you’re getting rid of your vinyl, while switching to streaming.. And the vast majority of kids I’ve spoken to haven’t a clue about good audio equipment, much less vinyl records, so what’s the difference if records disappear after we’re gone?

Mike

I’m with you mijostyn. It’s been that way ever since, as a very young child, playing over and over Mom’s three Rock n Roll singles, Bill Haley’s "See You Later Alligator", "Rock Around the Clock", and Little Richard’s ’Tutti Frutti". One of those might even have been a 78 rpm. This was back in the mid-fifties using our fold open record player.

Mike