Some New Yorkers are coughing up a lot of green for their evergreens this holiday season.
According to the New York Post, people get excited about this time for buying and bringing a live Christmas tree into their home. Vendors around the Big Apple showed some varieties that sold at a whopping price of $6,500. Other sellers priced select trees in the $850 to $2,000 range.
Fraser firs are pricey species, and there is a shortage of it currently.point 166 | Prices are high this year, across the U.point 199 | S.point 201 |
to a smaller supply of trees dating back to the 2008 recession.point 52 | Farmers were unable to invest in planting seedlings due to the financial crisis.point 120 | The plants become mature in 10 years, fewer are available now, according to the National Christmas Tree Association (NCTA).point 225 |
point 0 | 1
The heftiest $6,500 price tag was found at Soho Trees, according to the New York Post, one Manhattan Christmas tree dealer selling a 20-foot Fraser Fir for a whopping $6,500. That means the tree is $325 per foot. In Manhattan people are eager to decorate their apartments with a real evergreen.
Despite the high cost, the sales manager says they are now sold out of the 20-foot Frasers. These trees purchased by customers who have penthouses or building lobbies to outfit. The price includes delivery and installation.
According to USA Today, Christmas trees jumped in price by 23 percent between 2015 and 2018. It seems that 2019 will be the highest seasonal costs, the average cost for a live tree tends to be about $78.
“The supply is still strong, but so is the demand,” Sara Vera, a data analyst at Square, told the outlet last month. “So we’ll likely continue to see tree prices slightly increase this season as we have for the last four in a row, making 2019 the most expensive season for Christmas trees in history.”
Tim O’Connor, the spokesperson for the NCTA, said that the increase in sales of live trees can be the reason for disliking reusable, and artificial trees. People want to make more eco-conscious decisions, like choosing the real thing over fake.
“While consumers once valued convenience over all else, we now see the rise of an eco-conscious consumer who questions where something came from, how it was made and the impact that purchase may have on the environment,” said O’Connor. “Real trees are just part of this trend.”
Recommended Video
“Christmas Gift To A Grandmother With Dementia”
[rumble video_id=vbxpl domain_id=u7nb2]