Yes, 100%. I mean, sometimes people might sell a pony to a trusted barn or friend for that amount. But with horses, in addition to all the stuff we’ve been talking about with dogs, you’re also paying for the sweat equity of training and experience. If someone wants a pony a kid can bop around on, doing kid things (other than leadline) for a reasonable amount of money, they’re usually better off leasing the pony. And even then, nowadays, that can be a great financial challenge.
I hate to say this, but I know a barn owner who was a successful breeder of a particular breed of large dogs, who also owned a horse farm (at least all of the dogs sold to good homes). For the past few years, the barn has been breeding horses, and other than one or two given away to friends, all of the bred, younger horses are still there, unsold, accumulating annually. Even though the bred horses have good bloodlines, finding the right clients and putting the training in the young horses that prospective buyers might want is quite different than breeding dogs.
I think there’s so much debate and so many opinions on this thread, because I’ve never met anyone who thinks they are a backyard or irresponsible breeder, but clearly there’s quite a bit of poor judgement going around. It’s also hard to criticize a breeding practice without seeming to criticize the animal or the person–I saw a horsewoman I otherwise respect good some sort of a Bernese Mountain Doodle, and I was a bit like…I’m sure he’s a nice dog, but did you have to support the Doodle, Inc. industry?