Audio Recession


Is anyone seeing signs of an audio recession. Perhaps, dealers with lower inventories, dealer sales coming more often, more equipment up for sale, sellers selling to pay rent?
128x128nathanu

Showing 1 response by kthomas

It's a great time to be a buyer for any luxury item right now - there are definitely signs everywhere that luxury items, including audio gear, are in a buyer's market. There have been many pieces listed here and other places over the past six months that were very reasonably priced and never got listed as SOLD. Presumably some did and just never got updated, but it sure seems like a soft market. There have also definitely been a lot of ads that give financial-straits reasoning for selling. I agree with everyone who makes the point that during tough financial times, it's easier to convince yourself that what you have is good enough, at least for now. Very similar to the car you drive, the house you own, etc. Even though the deals are good, the money is hard to come by and it seems a lot riskier than in "good" times. -Kirk