Yep, they’re going for the ‘low hanging fruit’ I’ve been making sure that my bikes are stored indoors, and not let out of my sight when out and about.https://www.bikebiz.com/admiral-reports-46-rise-in-bike-theft-claims/amp/
Lack of opportunities to burgle houses and more bikes out on the street, it seems.
My first MTB was stolen and found out years later it was someone who I knew from school. It was worth quite a bit but he sold it for £50 so he could buy a bag. It felt worse knowing how much he gave it away forTrue, £20 a bag is the average price. A bike might be worth several £100's but they will sell it for the price of a bag of gear.