I was just talking with a good friend about this. I've done a fair amount of research into the 1983 crash, what happened leading up to it, after it, blah blah basic stuff from Wikipedia though, and I would bet my life that it won't happen like that again (if I was legally old enough to gamble in the U.S.) Of course, the primary reason for the crash then was over-saturation of the market, but more specifically it was an absence of quality control. I think in the overall view of the time, console games were a fad or simple toy, barely respectable in any capacity unlike the industry today, and yet everyone wanted to capitalize on the trend (like today and fidget spinners, etc). What resulted was shelves full of terrible, sometimes copy-pasted games that virtually nobody wanted, with E.T. being the infamous final straw.
Because the industry has grown much higher than Atari's peak, and is balanced by many more, more influential actors (console manufacturers, triple-A game developers, indie game developers...), I personally believe it would take an almost-literal apocalypse for another crash.
Not to mention, a crash would de-value everything, not make everything more expensive. If anything, I'd go on a shopping spree to pick up the wreckage before it fixes itself.