Forget the Stock Market. The Rare-Plant Market Has Gone Bonkers.

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Would you buy a $5,000 plant with holes in its leaves? Prices for rare varieties have gone up so much, even growers are scratching their heads.

The 1600s had the Dutch tulip market bubble. Now 2020 is doing the same for rare plants., with more people stuck at home and bored—and Instagram posts have helped send the market for unusual varieties into a tizzy. Growers, nurseries and plant shops are scrambling to keep up. The most coveted flora now fetch thousands of dollars. Plant flippers have jumped in to make a quick buck.

Jerry Garcia, a 27-year-old aircraft mechanic in San Diego, said in recent months he has been besieged by requests from people eager to buy a piece of his vast tropical-plants collection. During one week in August, he sold two small cuttings of a highly coveted Variegated Monstera Adansonii plant for $2,000 apiece. With proper care, the cuttings will eventually turn into plants.,” Mr. Garcia said.

Enid Offolter, a grower who runs NSE Tropicals in Plantation, Fla., figured that a sharp downturn in business would follow coronavirus lockdowns. Instead, she’s working 12-hour days, seven days a week, to meet the highest volume of orders she’s had in two decades in the industry.

 

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Only nature loving people would do so. 😋

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'Tulip mania' all over again. Guess how that worked out....

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