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 Thanks for the info Tim; interesting point of view.  I've only been in the saltwater hobby since 2012, but  I find that prices have come down on a lot of corals since I started, on most common corals.  And availability seems to be better.  I attribute it to more successful hobbyists who are willing to frag and sell corals.  Note that I am not referring to rare, designer pieces.  That is a whole different story altogether!...
 As for me, I chose water damage as the most annoying aspect of the hobby...
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