tootie

I think this is exactly what he is saying.

So many designers are "looking out for number one" and not the industry as a whole. They only care about what it takes for THEM to make a living, and they don't care that they're slitting the throats of other designers who have a higher cost of living and simply can't compete. They're driving down prices for everyone in the industry because they don't pay as much to live or because they still live with their parents or whatever. It's hurting everyone in the long run, because it's forcing EVERYONE (except perhaps the very long established designers) to lower their prices to compete and it's degrading the industry.

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