The younger generations just cant justify their money on High End Audio. Most prefer travelling, living luxurious life styles, buying expensive clothing going to parties and expensive nights out etc etc. House Prices are going up, Salaries are not following the middle class is shrinking etc etc.
High End is Dead?
Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.
No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.
Are we just poor, and that's all there is to it?
No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.
Are we just poor, and that's all there is to it?
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- 161 posts total
phantom_av"The younger generations just cant justify their money on High End Audio. Most prefer travelling, living luxurious life styles" These younger people do not have homes or jobs or lives away from their mommies and daddies so of course they are not interested in HEA they have not yet matured even if they are already old enough to be out on they're own. |
- 161 posts total