I think its just an extension of the "bigger fool" theory of real estate (no matter how much you paid, there is always a bigger fool willing to pay MORE than you did.
Flea market or serious audio deals?
Why everybody thinks about Audiogon as "Bargain Hunter Paradise"? I am at Audiogon for years and I think the idea was to allow people to find and try some very good, quality audio (in excellent condition)for good discounted price...but not give away!!! What do you think?