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Is the market changeing?

In every economic cycle there are ups and downs, (Yes, I know it is very profound statement). And so some people tighten up their spending while for others it becomes an opportunity. I certainly see that prices are not where they were a year ago. Stuff is being lowered. Is now the time to pick up that dream piece?

I think it is. I think we are going to see stuff hit the market at lower price points than in the recent past. I�m looking for a TT and also trying to decide whether to upgrade my pre or simply replace it. What would be your dream addition?
luc
pdreher's avatar
pdreher
1,208 posts
 
I don't see the prices necessarily dropping, however, it does appear that things are not selling as quickly in the past, especially on higher dollar gear. It's a buyers market IMHO.
avguygeorge
2,300 posts
 
Ok, it doesn't require advice from Allan Greenspan/ or his replacement/ to understand things. We,'philes make up such a small % of the population---and we're not talking staples like house/home/transportation/food and the like.
We now have so many rich and so many poor and those in the middle are more vulnerable, for sure.
I have what was a hard to find amp a year or two, ago. I paid 3650 and now they go for 2200.---Is that what you mean??
chashmal
605 posts
 
Maybe more stuff will come on the used market cheaper, but new prices will soar. It is already happening. What will that do? I think firm up true high end die-hards and help eliminate the mid-fi filler stuff. It might in the end be a good thing, in a sense.
My dream piece/dream deal (while still abiding in reality): an Art Audio amp for under $2500. OK, maybe that's not too realistic, but I'm still holding out!
chashmal
605 posts
 
woops..I meant $1500. Too much coffee=do everything too fast!
sbrtoy
122 posts
 
Tax time and family summer vacations probably have as much impact as the "slowdown" has on audio. With the dollar being so weak, imported brands will probably hold or gain value on the used market. US products will begin to become more of a "bargain" than they have in the past.
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