High End is Dead?


Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.

No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.

Are we just poor, and that's all there is to it? 
madavid0
If I was a builder or inventor in HEA I would be concerned with two cultural preferences: 1) will streaming largely dominate the upcoming listening world and 2) which musical styles and file formats are likely to be the most popular.
If, consequently, I concluded that we will all be streamers soon and listening to, largely, Beck-type blendings of pop and hip-hop, then I would concentrate on RME-type computer DACs with headphone/IEM excellence, Lyngdorf-type all-in-ones that handle DAC, preamp, and amp functions, and monitor speakers that fit into small spaces and are designed to provide a step up from headphones.
OH, WAIT A MINUTE...
...that's exactly what's already happening.
So maybe HEA as we used to know it is, already, dead.
Pass Labs, with its XA25 and Magico, with its A3 are already "slumming" in order to broaden their customer base.
The continued success of separate components, large speakers, and specialty interconnects would be tied (in my HEA mind) to the continued success of distribution mediums such as LPs, CDs, and HD downloads.
Instead, the just-released CD "Volunteer" by the Old Crow Medicine Show (excellent, btw) shows a distressing trend in modern CD production. Yes, it's a CD at 16/44.1 but the signal is so heavily compressed that there is no real dynamic range -- all is simply pushed as close to 0 DB as possible. Very loud with a dulling sameness that shouts "You get the MP3 sound ideal no matter what the distribution medium."
Anyone who says high end is changing to personal audio is just saying that the high end is dead. Cell phones sound like CRAP. Modern pop music is TRASH. I have a pretty good portable player and it merely sucks LESS.

Meanwhile I have a Technics network integrated up for 50% retail -- not a SINGLE response, even to tire-kick or to lowball. Is $2k a bridge too far? SAD!

Another +vote for Hell No - whart

I wanted to add that many consumers were stung financially during the last President's tenure. A stagnant economy against the general public, stagnant wages against the general public, no bail-out offered to the working folk, all adds up to purchasing less gear. Manufacturing increased in prices as well as retail MSRP.

The good news is that our Economy is rebounding and growing.

Financial confidence is returning for the general (buying) public.

Happy Listening!