Whats worse the buying crowd has just kept up with this nonsense and started buying and reselling GPUs for periods as short as 4-6 months. This is a trend which I want to see broken.
Why is this such a bad thing? The people that can afford to front the initial cost of these products get tired of them and want something new. So they sell their GPUs at a significantly lower cost than what they paid for it, and thus someone with less money that couldn't afford these high end luxury products brand new, can now own them and enjoy them as well. It's a win win situation.
I take exceptional care of my hardware. When I sell my Zotac Amp Extreme 1080 and 980 Ti, whoever buys them from me is getting mint condition cards with all the original accessories at a much lower price than what they originally sold for.
Hopefully we see a return to competition from AMD in future generations which prohibits such ridiculous pricing but I don't like the concept of either company pushing prices higher and higher. If sometime in the future AMD is in Nvidia's position and does the same I would say the same. But still I think the consumer has a big role in allowing such ridiculous pricing and marketing strategies to prosper.
The way I see it, the main culprit is AMD. NVidia is an exceptionally strong and innovative company. Without equal opposition, they will do whatever they want and command absurd prices for their products because there is a DEMAND for it. 4K and HDR will increase this demand even more in the future, so it ain't going to be going away any time soon.