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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

Showing 1 response by lloydc

lloydc's avatar
lloydc
737 posts
 
I am not seeing fire sales on audio gear.  I rarely see good gear really priced to move, even when people claim to really need cash.

the concern that some small manufacturers and retailers in audio may not survive the recession, that just began, seems entirely realistic.  

I'm guessing the 1% who didn't get nailed by the market decline aren't looking to buy audio gear in a down market.  The ones who did get killed sure aren't.      
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