The Economy.. will hi end audio mfgs lower prices?


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The state of California just laid off 20,000 employees. National unemployment is at a 30 year high.

Will there be a shake-out in high end audio? Will we continue to see $10k preamps and $30k amps?

According to the article below, prices of most consumer goods, especially big ticket consumer goods are going down.

....copy and paste it into your browser

http://finance.yahoo.com/tech-ticker/article/176714/American-Retail-Goods-On-Sale-Now----and-Forever?tickers=sks,%5Egspc,%5Edji,wmt,jwn,wfmi,cost
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mitch4t

Showing 1 response by mmike84

The used market is sure feeling the pinch. There are more great deals right now than I can ever remember seeing, and very little is sold. Of course one of the problems is most potential buyers need to move something first which they can't do so it all sits.

On that note I've always wished we had the ability to search pending and sold listings. If I've missed something about how to do that would someone let me know?