I have been hoarding for a while now and to me storage prices really seem to have plateaued in the last few years, and it doesn't seem to be picking up as we get back to normal after the pandemic. So I don't think waiting for a couple years is going to save you much. Personally I'd just keep an eye out for good deals like Best Buy WD Easystore sales, or Black Friday in general, and pull the trigger then.
this post was submitted on 17 Jun 2024
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Black Friday is definitely a good option. I'll also point out that WD and Seagate are working on 20TB-30TB drives that should be coming out in the next couple of years which should, in theory, drive the prices down further for smaller capacity drives.
In general, technology gets cheaper for better products over time. Short term that's not always true, but the longer timescales you look, the better is it for consumers.
A year or two is a long time, and probably worth waiting.
Where can you get two 16 TB HDDs for $320? Cheapest I could find was a 14TB Toshiba N300 for around $320 each and I'm on the fence about getting them because they're supposedly pretty noisy. Were the models OP mentioned not for NAS use?
There was a race to the bottom for SSD prices that ended roughly in July 2023, leading to losses with manufacturers having to sell under production cost; this is why NAND/SSD prices increased since then and will probably only slowly start to decrease at the end of 2024. At the same time, there is very interesting technology in the making, I just read about SSDs with up to 1000 storage layers coming in the next few years. Same goes for HDDs, although less so and prices seem more predictable there; my focus for the next few years would be completely new storage methods competing with HDDs/SSDs, but I don’t think any of this will reach consumer markets at competitive prices until 2028. My prediction: HDDs will decrease like in the past years, SSDs will start really decreasing in price with the start of 2025 and it will take a few years for completely new storage methods to arrive.