" Much of audio is ridiculously priced, and could be done much cheaper. The prices are so high because some folks WANT them to be high, for elitist status purposes. In the last 10 years every major audio manufacturer has come out with a new top of the line model which is at least double in price. "
I've heard statements like that many times over the years, and for the most part, I just don't buy it. There are some products out there that are overpriced, but I've never seen anyone buy them as a status symbol. They're just trying to get better sound, and are willing to pay for it. Not only that, but when expensive products don't sound as good as expected, those status symbols go right out the door.
As for the doubling of prices over the last 10 years, I think its also worth mentioning that price increases go far beyond the audio industry. Everything is more expensive these days, not just audio components. Besides, no one is putting a gun to your head and forcing you to buy something. A decision like that can only be made by you.
I've heard statements like that many times over the years, and for the most part, I just don't buy it. There are some products out there that are overpriced, but I've never seen anyone buy them as a status symbol. They're just trying to get better sound, and are willing to pay for it. Not only that, but when expensive products don't sound as good as expected, those status symbols go right out the door.
As for the doubling of prices over the last 10 years, I think its also worth mentioning that price increases go far beyond the audio industry. Everything is more expensive these days, not just audio components. Besides, no one is putting a gun to your head and forcing you to buy something. A decision like that can only be made by you.