Can't speak of other markets but audio has been experiencing attrition for 10 years or more. Some of us have died and others have lost jobs, lost interest or succumbed to divorce, computer or home theater distractions or insufficient funds to continue reinvesting endlessly. When high-end audio was growing the "carrot" proffered by TAS might have cost $20K, more than most of us could afford but within dreaming range. When that "carrot" moved to a point well beyond our mortgages, many of us despaired of ever being able to so much as dream of reaching for it. Some lost interest at that point. Who wants to participate in a game from which they are clearly disqualified.
Since Bush (not Osama) pulled the rug from under Clinton's economy, there are a tremendous number of white collar casualties who have to decide between their kid's tuition and their prized sound system. Or maybe it's health care or mortgage payments that force that decision.
In any case, we are losing brethren by the score and their detritus is beginning to clutter Audiogon with many a glorious piece at ever descending prices. Rowland is only one of many.
Since Bush (not Osama) pulled the rug from under Clinton's economy, there are a tremendous number of white collar casualties who have to decide between their kid's tuition and their prized sound system. Or maybe it's health care or mortgage payments that force that decision.
In any case, we are losing brethren by the score and their detritus is beginning to clutter Audiogon with many a glorious piece at ever descending prices. Rowland is only one of many.