mbardu
Well-Known Member
So....everyone and their second cousin have been buying instrument since the start of the pandemic, right?
Custom builders have had full order books this year, techs I know have been underwater with work. Reverb prices have trended higher and higher with no end in sight for months, even on basic stuff - and yet things are still selling pretty quickly (at least until last month or so...). Speculation is rampant at TGP/Reverb. Record sales at GuitarCenter. Lots of stuff on backorder or OOS at places like Sweetwater.
It makes sense after all, everyone was looking to start or re-start a musical hobby.
What happens in 6 months when 90% of people realize that guitar is not really (or really not) for them and/or when more people are back at work? When the economic reality of the pandemic takes an even worse toll than it already has and people have to liquidate their expensive instruments?
Will there be a flood of used instruments on the market?
Will small builders struggle to make ends meet?
Put on your thinking cap and come speculate
Custom builders have had full order books this year, techs I know have been underwater with work. Reverb prices have trended higher and higher with no end in sight for months, even on basic stuff - and yet things are still selling pretty quickly (at least until last month or so...). Speculation is rampant at TGP/Reverb. Record sales at GuitarCenter. Lots of stuff on backorder or OOS at places like Sweetwater.
It makes sense after all, everyone was looking to start or re-start a musical hobby.
What happens in 6 months when 90% of people realize that guitar is not really (or really not) for them and/or when more people are back at work? When the economic reality of the pandemic takes an even worse toll than it already has and people have to liquidate their expensive instruments?
Will there be a flood of used instruments on the market?
Will small builders struggle to make ends meet?
Put on your thinking cap and come speculate