I think geography definitely plays into it. She’s in the Southeast. But at one point in time not THAT long ago, I remember $35k went a lot further–that had actually been the amount I’d planned to spend on a 3’ horse to buy back in 2020.
I got my pandemic pony through a lot of luck (ie being in the right place at the right time). I wasn’t technically ready to buy, but the trainer knew I was going to be looking at the end of the year, and she knew my budget–even at its top end–wasn’t going to go too far. So when she one day saw a quick vid of a horse online, she shared it with me, and we decided to trailer him in for a 3-day trial.
He was underweight, out of shape, and not a popular breed (OTTB). We got him to go over a 3’ vertical in both ways (he was exhausted after that), and I was convinced enough that he was worth the risk provided vetting went alright. Nothing turned up that alarmed me, and because the shut down orders were going into effect, I negotiated fairly ruthlessly (best advice I got from friends) and got him at a price I felt more comfortable at since a) it was going to take time to get him in shape b) I knew I would be spending a lot of money on training and c) still a risk–older green horse with no auto changes wasn’t exactly what I had in mind.
It’s turned out to be a great situation; he had a really successful baby green year and is training at home to (hopefully) move up to pre-greens this next year. He definitely has his quirks, and at the moment I don’t think he’s suitable for every rider–but he has an outrageous jump, is very sweet on the ground, and he has a great brain, albeit he overthinks things sometimes. And those were really my three big requirements when I was looking. Everything else in my book could be worked out.
ETA I’ll go back and say that I really think I lucked out. This is not how the story goes for a lot of folks. So much was simply timing. It did help to have a trainer involved who knew what I needed/wanted–I don’t think I would have found him on my own or seen the immediate potential she did. And because she found him, she was very invested in him. Unpopular truths: it really does benefit you a lot if your trainer/pro rider likes your horse.