You could argue that they were very overpriced to start with, now they’re just overpriced! But, it’s true. When I started out, the only way to get a decent instrument was to trawl through the second hand gear ads. in the local ‘paper or whatever. I recently picked up a Bullet Strat for a friend. Played it before I handed it over and, I gotta say, there was nothing about it that would put off any aspiring young guitarist. It was ninety quid. Really around £200 will set you up with a decent practice amp. and a guitar. That’s not much nowadays.