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Original Message
RE: Stereophile / Do Your Homework
Posted by RGA on January 11, 2017 at 18:44:36:
The problem with just using inflation calculators is that the price doesn't just take into account inflation. If you bought a house in 1980 for a whopping $40,000 it should sell today for $117,000. But in fact in Vancouver that house would sell for $1.2million Ten times what it should be selling for.
With that little tone arm lifter - strait inflation says it should sell for $60 if it sold for $20 in 1980. But that $20 device could be spread over thousands and thousands of units sold - economy of scale. Everyone had a turntable. Audiophile or not. That is not the case today - turntables are a niche product - further the cheap tables are likely all automatics. So they have to charge higher amounts as they are going to sell far fewer units. Fewer still at $249!!