The New York City mayor has been very vocal about FIFA's resale market and how ordinary, working class New Yorkers were priced out of a limited supply.
- New York City Mayor Mamdani criticized FIFA's high ticket prices and resale market, advocating for accessibility for working-class New Yorkers.
- However, the city's own release of limited-edition World Cup jerseys faced similar issues, with high demand leading to rapid sell-outs and significant markups on the resale market.
- This situation highlights the challenges of managing scarcity and demand, even when attempting to provide affordable access to desirable items.
Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Market depth liquidity, Asset manager initiatives
Tags: #fifa #resalemarket #newyorkcity #jerseys #scalping #limitedsupply #ticketprices #mayormamdani #workingclass #speculators
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