JBroadway said: "As I so eloquently declared in my earlier post: "I know, I know, supply and demand, blah blah blah"
At a certain point it begins to border on immoral. Just because they CAN, doesn't mean they should. They could probably charge £500 or more for Harry Potter tickets in London if they wanted to, but they don't.
Also, yes, people are willing to pay that much, but these people are all probably filthy rich (or financially irresponsible). It's just another step in the direction of the gross exclusionary elitism to which Broadway is already prone. Like I said, it's just a sad situation that leaves a bad taste in my mouth. "
My point exactly.
And the price increase being a reaction to resale prices is just a lame justification imo. Again, Harry Potter manages with simple measures like the only way to get your ticket is to pick it up at the box office in person hours before the show. That doesn't complete rule out reselling of course but makes it much harder.
It's possible if you want to and if you want to keep the show affordable. Clearly, that is not a priority of Hamilton producers. Everyone can decide for themselves how they feel about that. Personally, I think it's greedy and the very core of capitalism. Which is not what theater should be about. In my opinion.