Predicting the AGon economy?


What are your thoughts on how the high-end audio market will fare given the current state of the economy?

We're not exactly your typical demographic when it comes to being hit by a recession. I know people who would sell their bed before downgrading their rig. On the other hand, most sales on this site (ostensibly) are the result of upgrading which is probably reduced at this point. So with both supply and demand going down, I haven't really seen very many price fluctuations.

I'm no expert on economics, but it seems that even this market should have an optimal time to buy. Anyone have any thoughts on this? I haven't been able to figure this one out.
joshclark

Showing 1 response by jeffcott

I agree with the points made by Tvad and Viridian. From my point of observation pricing is all over the ballpark. It seems to me that the number of "listings" has been pretty consistent to perhaps even growing (AG should be happy), but it appears that there is an act of "closet cleaning" that is going on and the mix of "gear" offered has moved a bit away from the high end product to a closer proximity to the mid-range product.

I keep a detailed bluebook for items that interest me, so I have a very good idea of the range of sales. It seems lately that listing sellers have less of a clear picture of the used market and are often offering items at "wishful" prices.