Like I said in my OP I'm fine with low level gear being sold by NPC for cheap, but come on mid level gear?
Mid level gear shouldn't cost 100k. Maybe some reductions were a bit steep, but really, I see no problem with this. Frankly, I don't buy gear off the market at all. I buy the materials to make stuff for myself, because I like crafting and don't like gathering.

Crafting in MMOs is never profitable until you max it out. The fact that you can't make a profit in the mid levels is nothing unusual. It was actually worse in FFXI- since people would only pay much for HQ, for most crafts you generally had to max them out or come close before you could start trying to make money. If you could make money on the way up, it was by selling obscure stuff that's cheap to make but not many people want, or consumables.

Again, you're acting like every single piece of gear in those level ranges is sold by the NPCs. All you have to do is make the stuff that isn't.