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How will the COVID-19 pandemic affect sites like Audiogon?

One would think that with social distancing and shelter in place policies, there has never been a better time for upgrading and enjoying your audio system.   But is now the time to buy and sell?  The mass unemployment and economic distress accompanying the pandemic seems certain to undermine what is essentially a luxury market encompassing both gearheads and music lovers?  What effects on buying and selling audio gear — both short and long term — can we foresee?
merlin
merlin OP
8 posts
 
Oh my goodness, EBM5, I didn't mean this discussion to disturb anyone's sleep! :)  Thanks to all who stayed (mostly) on topic, and I hope that everyone enjoys listening to whatever gear they have or can afford.  Further reflections are welcome.  
There is surely enough pain to worry about; it's the pleasure of owning and listening to our systems (among other, more important pleasures such as solvency, good health, and loved ones)  that we can be thankful for.
mapman's avatar
mapman
21,930 posts
 
Frankly, I am more interested in how it affects the people here I mean overall health and well being. 
uberwaltz's avatar
uberwaltz
13,381 posts
 
With that being said Mapman I guess I will ask.

Have any of our members been unfortunate enough to have contracted the virus?( That they know of I may add)
Sincerely hope not but it’s spreading by the minute.
mapman's avatar
mapman
21,930 posts
 
That of course but also the financial impacts are quite serious also at this point
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sdrsdrsdr
196 posts
 
@geoffkait Fitness facilities are suspending payments here in Canada. If they don’t,  members will cancel or put stop payments. Any business like mine is going to have trouble. Most businesses can just close and most expenses go away. Other than paying interest  on debt on a business, rent doesn’t go away and is payable. Same with property tax. Many business owners only wish their  only concern was loss of income. They not only have loss of income they are going in massive debt on top of that.
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