bike mini-flation in portland

or, another reason I am glad I live in a small town in the midwest:
http://freakonomics.blogs.nytimes.com/2009/08/17/bicycle-inflation-in-paradise/

Bikes are getting expensive in places that are nice to bike in- high demand and low supply! Let's lead an Arbitrage Tour across the country-- we'll fix up 1991 Treks for $100 and sell them in Portland for $475!


Also, to see how we compared, I averaged our recent Craigslist bike prices: $145.74 (Yes, there are huge statistical problems)(But it's still interesting)