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
@jetter "Otherwise a lot of us would have deep 6'd our stock holdings"   

You mean like Senators Loeffler and Burk, right?

As for this site, I think it'll do fine. If it could weather the immediate post-9/11 and the 2008 recession, it should pull through this.
Jetter
That is likely the couple of days I waited too long myself, lulled as you say.
Or being greedy
Take your pick.
Still I could be a lot worse off than I am right now and for that I am eternally grateful.

I know there are many not so fortunate, my next door neighbor is 80 not that you would say so by looking at him and how active he is but, he told me he is near bankruptcy right now. He was asleep at the wheel unfortunately .
And he is not taking many precautions despite my warnings to him.
Very worrying.
As I am sure there are many more examples of older stubborn people out there, been there, done that, seen it all before.
Not a good time here in the USA at all.
yyzsantabarbara, my daughter received her PHD in chemistry from Univ Cal Santa Barbara.  I was a Seal and Huntington Beach guy until moving to Vermont a lot of years ago..

I actually had a more optimistic viewpoint on how all of this was going to play out.  In fact, until a few days ago I was thinking it would be gone by spring.
I am no expert, at all, but I have been tracking the world wide infection rates and I listen to a lot of experts.

So, given I get paid $0 for my opinion, here’s’ what I see:

Unemployment in the US will top 40% this year. The amount of disposable income will contract to unbelievably small numbers. The duopoly of power will fight over who to protect and who to support.

We are going to approach having 10% of the world population infected and a large number of that sick over the next 60 days. That threatens economic recovery, and supply chains. Food supplies will remain fairly stable, until parts and equipment breaks down, and depending on how quickly our food producing states lock down.

The better we handle the crisis, the longer it will last. Flattening the curve will keep the hospitals available for non-covid health issues. More people will survive, and return to productivity, but also, the more time on the calendar this will take. The alternative which some advocate for, ignore the curve, take the hit, leads to a broken country and world, economically.  I don't advocate that.

If there is any gear you have you were thinking of selling, it is too late. No one outside of the top 1% is buying, but now is better than in 2021. Lots to be said for getting rid of equipment and lightening your load.