Etsy raising fees Jan 11, Sellers not happy (including me)

Etsy is raising transaction fees from 5% to 6.5% a 30%increase.
This is not the only cost to selling a item.

I personally am going to look into setting up my shop elsewhere and might raise my prices on Etsy.

Here is a thread on the Etsy reddit with plenty of sellers unhappy and thinking about leaving: https://www.reddit.com/r/Etsy/comments/t0lsz2/beware_transaction_price_increasing_to_65/

I don't think this is going to have a big impact on Etsy's revenue.
But this is going to negatively impact the marketplace on Etsy because sellers will offset the cost to buyers and thus make items more expensive.