Other hobbies with these economics?


Audio seems to have an interesting set of economics for the consumer. Items depreciate substantially the minute they "drive off the lot", but remain just as "valuable" for many, many years in most cases. With proper care, these components retain basically 100% of their performance and usefulness, even with daily use. Compared to autos, computers, boats, etc., a well-cared-for used audio component is just as valuable, but much cheaper, than a new copy of the same thing.

Are there other hobbies where this relationship holds up?

kthomas
I'm studying to be a lawyer on the cheap,so I can add to my already numerous friends in the Audio trade-Cyber and terrestial,it makes sense.............
Unreal Tournament??!!!!! No!!!!!!

QUAKE!!!!!!!!! Q3 Team Arena!!!!

Mdominick, fragging sure does make the day easier, doesn't it?

:•)
Tons...my folks in Los Angeles used to drag me as a child to Southeby's(sp?) and other auction houses on weekends while they bought up all the antique treasures that LA's wealthy were dumping off during the recession. Beautiful antique persian rugs, antique furniture such as kittinger & berkey & gaye, 15th century altar frontals, 18th & 19th century china, etc etc. My mother is definitely OCD and researched everything to death. My folks 5000sf house is packed back to back in just about every room with these "treasures" and I'm sure that just about all of them have appreciated even more than the property itself. I myself, am a minimalist...I always said that I would be happy living in a museum gallery with a couch & a stereo. To me, it's all a bunch of stuff that I am afraid of having to tote through life with me.
For years I was an amateur dealer of vintage guitars and amps. Certain items such as the higher end clean original models (generally 60's or earlier) Fender, Gibson, Martin, etc. pieces typically commanded many times more than what they originally sold for and continued to sharply rise in value. Eventually the supply dried up due to an over abundance of dealers and collectors. Another of my hobbies is motorcycling. I bought a new Harley Davidson Fatboy 2 years ago at MSRP and realistically I could probably sell it now for what I paid for it new. The supply and demand is still so out of balance with Harley's that there continues to be waiting lists at some dealerships despite a troubled economy.