Quote:
Originally Posted by Riot
Slight change of subject - I'm thinking the concept of "commercial" may start to be viewed differently over the next years. I'm sure the foal crop numbers are going to drop significantly. People can no longer afford to carry any marginal stock. You can get all the cheap horses you want, for less than the cost of "cheap", nowadays, it seems.
Not only will the sale prospect have to have a solid pedigree, but I'd think fairly good chance to make money on the track, rather than only in the shed. I think people may go back to looking at the potential of earning one's keep on the track as the most realistic "residual value", versus "we can always breed it if it doesn't run".
Imagine that - going back to buying racehorses for their potential on the track as racehorses, rather than for "afterwards"
What say you that buy and sell for a living now? Chuck?
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The whole thing is too nebulous to figure out though I will say if you have cash you can get a whole lot more horse now for the same money than you could a year ago.