Poor analogy. The most valuable baseball cards have always been selling just not at these prices. I grew up with the guy who is selling many of the most valuable of them and has been for a long time.
The most valuable Encinitas real estate always sat and rarely sold. Now it sells. Im not arguing there arent market forces impacting all assets. That impacts the prices things sell for. Its just that a different category of buyers is here now than was here before. They are buying things that were virtually unsellable before at anything close to FMV. Why is that so tough to understand?
Here’s another. Just closed at asking price. two week escrow, all cash. Was sold by the Altman Brothers out of LA from Million Dollar Listing fame. Havent seen them down here before
