ijwthstd
The Fly
And it's not a reality so much as that it only effects premium events which include major mainstream artists. I and everyone else have next to no trouble seeing hundreds of the best indie acts out there with relative ease and few of those tickets end up on the resale market. It's just that these nefarious groups take advantage of the huge names since there's bigger profit potential involved. Most shows don't cost what a U2 show costs or anywhere in that range. Your indie band playing The Warfield in San Francisco for $30-40 plus fees doesn't really go for much higher on the resale market, if anything, because the fans just don't go if they can't get tickets. Whereas the resellers for major acts know that people don't want to get shut out of Bieber or Taylor Swift or U2 or the Stones and thus exploit that.
I've seen small venue shows go for ridiculous prices after selling out if there aren't many tickets at all on the aftermarket.
A lot of these tickets are fans planning on going but not if someone "bites."
Last Saturday I put my own Fleetwood Mac upper deck $64.75 ticket up for $150 for a few hours in case someone would bite, I would either forgo the grueling trip to Inglewood (idiot "protesters" were blocking the streets again) or pick up another one in a box office ticket drop. Though upper decks were going for $110-120 after a few hours I pulled the ticket and went. Nothing on TM and it was an aisle seat on a low row number.
All I got for U2 is upper deck singles for $48 for 3 shows which is about the upper end I pay for anything. Will decide what ones I keep after I see a setlist and a friend has first dibs on leftovers.
As far as loads of scalper priced tickets, like other products and services it pays to be an educated consumer and I don't spend much time worrying about what those who are not as educated end up paying.