Taylor Swift: The real reason concert tickets cost so much

Would you pay $1,000 to see Taylor Swift? If the answer is an emphatic, screaming “YES!” you’re not alone. The Taylor Swift tour is a big deal. Big.When she comes to Australia in early 2024, the American singer-songwriter-superstar will be the first woman to headline the MCG since Madonna. Swift will sell more tickets than any woman who came before, and at far, far higher prices.Also by Jason Murphy:Property rebound: The Aussies still able to buy a homeWhere Australia's middle class live nowThe tax increase the government hoped you wouldn’t noticeBasic tickets to see Taylor Swift cost between $80 and $380. She also offers “VIP packages” costing $350 to $1,249. These packages include posters, trinkets and a tote bag - in addition to a ticket. It is unclear whether more tickets will be sold or more VIP packages. (It is also unclear whether supply of each category can vary as they see how strong demand is).ADVERTISEMENTLast time Swift toured - 2018 - her pricing topped out at $820. The to...