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Why is the high end stratospheric?

I think this article has at least part of the answer:


https://www.bloomberg.com/news/articles/2019-03-07/scammed-at-40-000-feet-opaque-market-costs-the-je...

To your own ears and wallet be true, but I will always fight against seeing prices as the way we determine quality.
erik_squires
geoffkait's avatar
geoffkait
23,365 posts
 
a trolling we will go 
a trolling we will go 
hi ho the dairy o
a trolling we will go
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michaelgreenaudio's avatar
michaelgreenaudio
1,019 posts
 

I see it a little differently and think Erik is showing us something important here. Maybe some of you aren't aware of the price gouging because you haven't sat at the dinner tables while the pricings were being discussed. But I was at those tables in the 90's and heard how HEA was planning to jump into mega pricing, both reviewer and brand. Specifically raising these prices so HEA buyers would think they were getting better sound.

There's what the buyer saw, and there was the behind the scenes.

MG

erik_squires OP
16,399 posts
 
My point was just that there is a market for those with a lot more money than sense, and this can certainly drive prices up for everything in Audio.
ricred1
2,058 posts
 
Why is the high end stratospheric? It's my understanding that many in the audio industry believe that some audiophiles don't/won't take a component seriously unless it's at a certain price point. When we routinely talk about $30-$40K speakers, amplifiers that are $20-$40K, digital components consistently above $10K, I submit something is wrong.  
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