High End is Dead?


Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.

No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.

Are we just poor, and that's all there is to it? 
madavid0

Showing 1 response by stevecham

Less and less funding for public education.
Music classes no longer standard in public schools.
Musical instrument lessons not longer offered in K-8.
Fewer and fewer bands touring up and down the coasts stopping at local venues. Live concerts are a rarity.
Young people playing video games online with their friends with soundtracks that satisfy their musical needs.

I also blame it on the music industry. No longer do we have visionaries like Ahmet Erdogan of Atlantic who embraced new music and fostered an environment of creativity. Look at what those idiot white shirts at Capital did to Beatles' and Beach Boys' music. If it werent for the sheer talent of those musical geniuses, that company would have killed any creativity.

It's harder for a younger person to have the time, inclination and desire to explore a hobby with all the competing forces in this era.

I'll keep carrying the baton and holding the torch high, but even that won't help change funadamental forces that diminish new interest and participation over time.