The willingness of Swifty to pay a lot of money for Taylor Swift Era tickets confronted the current economy.
Swifty is willing to spend more money to attend the Eras Tour
When Era’s tickets for Taylor Swift’s US tour went on sale, Swifty was so happy. Swifty made economist wasn’t expecting the astronomical demand to break the internet.
Desperate Swifty got second-hand tickets, which they paid up to a 4,000% markup.
Others Swifty drained their bank accounts to attend as many concerts. Swifty spent $20,000 on the Eras tour.
Swifty paying so much money for a concert is understandable and is down to three key factors:
1. During pandemic shutdowns, some swiftly saved more money. This is partly because Swifty is spending less. The government supported Swifty during the pandemic and kept the economy healthy.
2. When Swifty is stuck at home because of the pandemic, Swifty is lonely, and they spend their money on goods. The post-pandemic made Swifty overcome what they missed.
3. No artist can put on an unlimited number of shows. When they get fame, it’s impossible to accommodate every fan, including Swifty. So, their tickets are expensive.
Swifty will do whatever it takes to attend Eras Tour.
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