Hi. Prices? Think about how they have gone up so high. And yeah, relative to your income, they are. Here are some things for your review and then you can decide whether in the grand scheme of life here, your hobby is worthwhile.
The hobby has gotten competitive. The cost to put a product on the market, start to finish, has skyrocketed. Interestingly, it’s the marketing, financing, insuring, shipping, storage, and inventory that is now high cost, and that is passed on to you. Oh. The jobs? Gone. Remember too that the hobby is really at its zenith and it’s time to cash in if you are an industry member.
After this, who are they going to sell to after boomers? Their kids? Geny Y? NOT! Video games rule. Tschah! Sell your models and Harley stock in 5 years. After the boomers get too old to see the trains or ride, there will be a lot of cheap stuff and spare parts on ebay. Invest in nursing homes and geriatric Medical devices.
Baby boomers have ca***o spend. Boomers do not have time, though, and they want their models finished RTR. They are willing to spend money to avoid the inconvenience of painting, detailing, and decaling a model.
We Modelers are educated and we have learned well. Blame the publishers of fine hobby books and the explosion of information on the internet. Nowadays, modelers know the difference betwixt an F7 Phase 1A original Evanston with steam generator and an F7 phase 5C(ii) MLW rebuild with an FM HS 616 prime mover and Alco trucks, with video remote control antennae, and they want to have those differences available. With the benefit of variety comes cost.
Everything has gone up in price. The chasm between haves and have-nots is larger. Leisure time products have crept up in price nearly 80% in the last ten years, adjusted for inflation, because we have become accustomed to being entertained as one of our purposes in life (that may have been chosen for us, but that is for another forum). Look at what a day