Audio Debt?


Are people going into medium or even long term debt to purchase their audio equipment?

Just curious.
onhwy61
'debt or no debt' this hobby has been on the train to obsessive-compulsiville for the last two decades. for 90k any 'smart-nut' would run of to mexico for a year and return with 'stories' worth far more than any stereo. either way, your wife is mad.....
I'm not with the majority whom have posted here. I don't pay their bills;they don't pay mine. Nothing like .0 while you sell your piece and then payoff most of that debt. I do live for today and love quality components and their affect on the music.---Or as they say,'works-for-me'.
Waitaminute... You mean buying high end audio gear isn't a foolproof long term investment?

Damn.
the only thing i use my CC for in this hobby is to charge the purchase to get the reward points - the CC bill is always paid when due - never a balance! when a big purchase comes around, the wife is even happy to know that a $50-100 crate&barrel GC will be following shortly! ;)
Yet there have been posts on the various forums where people have taken out second mortgages for $100k speakers and so forth. Imagine explaining to your S.O. that you're losing the house over speakers! Given the cost of some of the more outrageuos gear, I would assume there have to be some 'philes willing to take on serious debt. Even if you are well into 6 figures anually salary-wise, somthing like the Alexandrias or the Caliburn would make a significant dent.