What's happened to the used high end market recently?? Sales are tough....:0(


The heading says it all!! What do you guys think is the reason that the sales in the used high end market have gone soft??
Prices too high? Economy too slow?? Stock market too volatile?? Something else??

Thoughts....
128x128daveyf
technology mates
the wheel can be no rounder
only smoother
stick like snot
less expensive
and good for 300 mph
Some great replies so far. Particularly interesting points about the trends of the new generation. Personally, I very much hope that HEA will NOT be going the way that akaim8 states. OTOH, the one thing that does strike me as a MAJOR problem for HEA is the "one man" aspect of the hobby. In one of the Absolute Sound issues, I read an excellent article by Gary Koh relating to this issue. I am certain that this aspect could be one of the main contributing factors to the potential demise of HEA. Question is how do we change this?? 
I’d like to throw out one more concern on the resale topic... if you scan the items for sale on audigon, then scan a bunch of threads...what you may notice is the same 100-200 names... not a very big pool of regulars who might be potential buyers.... which then pulls more buyers and sellers to eBay, Craig’s List, etc. which seem to be lower price alternatives.  
Vintage sales are hotter than ever on eBay. You name it Pioneer, SAE, Technics Pro, Nakamichi, Yamaha,  Sansui silver are selling like hotcakes. They're priced "right" according to condition and market demand. Prices remain in the realm of blue collar salaries, and not the stratosphere as some of these lunatic marketing types would have you believe at the trade shows. Frankly I can't understand how HEA has stayed relevant as long as it apparently has. There is no great enigma at work here. Give the public what it wants and they will come.
  
All I know for sure,that last year was a outstanding year for me to sale 50k worth of unneeded gear going fwd and purchase 2 nice pair of speakers for 1/3 of new price that will be keepers for a very long time.
The used hea markets have dropped even more in one yrs time and I certainly wouldn’t want to try and sale anything now,might as well just give it away.

Enjoy,
Kenny.