Grannyring.
In response to your post I can say a resounding YES, and a possible NO.
To explain.
If you have gear from the old regime then yes you are going to suffer large losses selling now ( tell me about it) and its slow and painful and definitely not a chop and change market any longer.
However if you now own gear you bought in the new regime at lot lower cost then it is still feasible to do the flip flop of trying gear out. The cost of entry is much lower so the cost of you selling is much lower and the loss a lot lower. So its potentially still doable.
Its absolutely a buyers market for sure.
In response to your post I can say a resounding YES, and a possible NO.
To explain.
If you have gear from the old regime then yes you are going to suffer large losses selling now ( tell me about it) and its slow and painful and definitely not a chop and change market any longer.
However if you now own gear you bought in the new regime at lot lower cost then it is still feasible to do the flip flop of trying gear out. The cost of entry is much lower so the cost of you selling is much lower and the loss a lot lower. So its potentially still doable.
Its absolutely a buyers market for sure.