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Whats up with guitar prices right now?

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RedSkittles
I keep seeing prices for 5 - 10 year old used guitars at like 75% - 80% the prices of the new guitars. A year ago these were at about 50% the price of new guitars. WTF is happening?

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Dreeze
Corona pandemic shutting down / lowering production of new guitars, plus the stimulus checks which are being spent by guitar players on guitars, plus increased demand on guitars due to many people being stuck at home. Or at least this is my semi-educated guess.

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RedSkittles
Makes sense

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ShowerSteve
Guitars are gaining in popularity thanks to Post Malone lol