High End Audio-Gaining Higher Ground?

True, there's tire kickers of all ages really. But, I am still curious to know if the 20 and 30 somethings are actually buying the equipment, or are just aspiring to. If they're not, that doesn't help the industry too much. Another argument is, just by looking at the you tube posts on videos regarding high end, is that most of the younger crowd doesn't seem to be interested in the concept of audiophilia. Matter of fact, they tend to go with the flat earth "all amps sound the same" objectivists. Which is really sad. Sure, there is imo, a lot of snake oil in this hobby, but there are actual licensed pro engineers that are designing and making high end components. To discredit all of high end as hogwash is really selling yourself short. I know I'm preaching to the choir here, but that's what I see around me. Just my $0.02.

I live in a highly affluent town of a NE state (translated, most of my neighbors are one percenters I gather) and I'm one of two people I know of who have a tangentially high end system. Most everyone else has just a home theatre with built in speakers hidden in the ceiling if they have anything at all. There are likely more model train collectors than people with multiple component systems.

While friends tell me they enjoy what they hear at my place, no one seems interested in the complexity of what passes for high end. If friends knew I have fancy interconnects (let alone power cords) and have agonized over the great question of our age (which file format to use), they'd tell me to seek treatment for OCD.

It seems that product complexity and snobbery by manufacturers, retailers and users have worked to make this an increasingly niche hobby by aging males with expanding waistlines and receding hairlines, at least based on what I see at stores and shows.

I like the idea of starting a charity also. I think one great thing to do would be to redeploy audio systems owned by recently deceased audiophiles -- assuming, as is quite often the case, that the family members would like nothing better than clearing out heavy and sizable pieces of esoteric (lower case "e," and not a dig at the TEAC subsidiary). Perhaps we could donate the items to schools or homeless shelters.

All the money in the world won't stop you from having bad-taste.
2% of Americans listen to serious music .
A boom-box is overkill for popular music.

Schubert,
That may place me out of business as media retailer where I earn the most of dollar on serious music(not on pop or rap or hiphop that brings little to none and mostly in budget crates and bins).
I believe the number isn't so pessimistic.