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General Asylum General audio topics that don't fit into specific categories. |
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General Asylum General audio topics that don't fit into specific categories. |
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In Reply to: We all made this bed. Now we have to lie in it! posted by Gag Halfrunt on March 28, 2012 at 04:43:59:
but sarcasm aside, the market for luxury goods of all ilks will survive the various economic recessions and depressions. People forget their history; the 19th century saw two depressions and a Civil War and yet luxury goods of various types survived that tumultuous century. No electronics or audio obviously until the very end of that century but the consumption of luxury goods by people with disposable wealth continued on through it all. The first Edison Phonographs cost over $150 back in a time when people worked for a dollar a day wage or even less. So, you might say that audio has always been an expensive hobby for over one hundred and twenty years.
Now, as to high-end audio specifically, as has been stated before the distribution channels are changing but new markets are opening up at the same time. For example, there are over 700 high-end boutique audio companies world wide with apparently growing numbers of hobbyist interest in the Far East, such as in Singapore and Hong Kong, the Mideast in Dubai, South America Rio de Janeiro and South Africa, Johannesburg. The players may change but the game continues on.
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- Decadence and debauchery has never gone out of favor and will be around long after we're all gone; - cfb 07:40:47 03/29/12 (0)
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