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
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.  

Ever go to a place to do something or buy something and you've over heard the salesman say to the other or give them that look (what a sucker), well you'd be surprised how often this has happened after the mid 90's in HEA.

I'm not knocking spending money (ever seen my yacht), what I am saying is audio works a certain way and when you throw this technology in an ultra expensive chassis chances are it will not out perform it's more simple competitor or even an amp without a chassis. The perception that HEA created about buying up is bogus, especially with box speakers and amplifiers and of course DACs. A little common sense can go a long way in this lifestyle.

MG

Fleecing the Rich has long been prevalent in Capitalist society. Bring on the Bling!