Where are the young audiophiles?


I find it alarming that 95% of all audiophiles are seniors.According to a consultant at my local HI-FI store,young people don't seem interested in high-end equipment.They listen to music on their phone.Sooner or later, all the great neighborhood HI-FI stores will not be able to remain open. Kind of sad,don't you think?
128x128rockysantoro
@kren0006.  “... but for the older gents here, at the Hi-Fi height, let’s say 1970’s, what percentage of middle class households had what we would consider a hi-end system?

10%? 20%? More?...”

Excellent  question. In the 1970’s. Much less than  1%

This has never been a popular pursuit. You would also need to take into account the population increase of at least 50% so as a percentage the people doing this may not have decreased as much as it would have. 
I think some of it boils down to time and interest.  There too many other diversions.  It does take some nurturing to appreciate music on a deeper level than on a phone and earbuds.  If I was starting out I would stream (CD quality or above) with high quality headphones.   
@athrillofhope

You are very correct. No question.. but take a deep breath... relax... enjoy the moment. Put on some Kitaro.
I’m 35 and it’s an expensive hobby. Probably out of reach for most people. I’ve spent maybe 20k in the last year on mostly second hand gear (Marantz PM-10/SA-10, Ruby-KI/SA-KI and other things). I enjoy music but I wouldn’t spend thousands on cables or buy into a lot of bs snake oil being thrown around here as fact.

No one needs to spend hundreds or thousands on a usb or network cable or speaker cable for that matter. In my opinion, you are an idiot if you believe that wrapping gold or some other shiny material makes the cable sound better but then again a sucker is born every minute. Will there be a difference? maybe, but so subtle that a cable from monoprice would get you 90% there at 1000% less the cost.

It comes down to the digital divide. Those who grew up in the internet age and those who came before. Older people who don’t understand technology are more susceptible to scams like IRS phone calls coming from India saying you owe the government money. Not surprising that a lot of these snake oil scams continue to exist in the audio world. I don’t mean to demean or attack people because of their age as young people make some pretty stupid decisions as well (pulling down statues, calling everyone who disagrees with you a racist/etc, applying today’s standards on the past).
Most people my age or younger are looking for a house or looking to buy a Tesla. If it doesn’t haven’t an app, most people aren’t interested. In a sense, we’ve forgotten how to do things the manual way because things are just too easy now. What’s 10% of $200? That question might give many people in the younger age bracket pause now so they reflexively reach for their phone to do the math.

Young people have all the convenience older people never dreamed of having (get food delivered via DoorDash. Hitch a ride through Uber, listen to music via Spotify/YouTube/Apple Music/etc, be connected anywhere). HiFi is dying because it’s out of range for most people price wise and that void of listening to music in your listening room has been replaced by huge ass TVs that can give you content anytime. It’s not surprising Klipsch is outselling everything now in the US because that’s where the market is moving. Sound bars, home theater, kick ass explosions. I’m a fan of Klipsch as (mainly their heritage line) but very few people my age or lower are snobs about audio because cheap oled and lcd TVs have taken over. No one cares about your Wilson audio or B&W speakers. People care about how big of a tv you can shove into a living room.
@syndication.
If you have $20K invested in used equipment at age 35 you have spent more than I had at your age ($ adjusted). High end audio has always been the pursuit of a few people of the best possible musical reproduction and experience. If you are one of those... then along the way you will discover the overall sound is strongly influenced by all the components, and that interconnects and cables are a part of the system. If not, you will enjoy what you have, which is likely better than 99% of the folks out there. Hope you are enjoying it.