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Cobretti2 said:
Some good reasons have already been mentioned.

To add.

A lot of Nintendo gamers are actual game collectors and take pride in having a nice collection. Go to a second hand section of a game store or even an op shop and what do you see? Countless Sony/Microsoft games and bugger all Nintendo.

Look at past consoles and how many games (especially in PAL regions) have appreciated in value.

I do thinking collectability has an affect actually as myself and plenty I know (yep it's anecdotal) keep all their Nintendo hardware and games whilst constantly trading in the older games on the PS/XB towards new games flooding the market with used copies which in turn means that if publishers want to keep selling new copies and making money they have to lower the price to complete with them.