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Anyone here think instruments are about to get real cheap?

This is the real issue - gig evaporation. I'm glad I no longer gig for a living, as this is going to be ugly. Broadway closure - what's the deal on the sidelined pit musicians? I'm really anticipating pain for the folks whose income is rooted in wedding work - April through July is the height of that season, but who knows where this goes...and those folks generally are freelancers, so there ain't no safety net. Bar musicians? Touring acts, at all levels? All f****d.

I've cut back on my gigging from a few years ago, but typically do about 30 or so a year these days. Mar was busy with one every week, but only will end up having done last Sat. The Santa Monica farmers market sent out an email saying all non-farmer participants were out (so no musicians, retail, prepared food), and our True Crime club gig will likely be postponed.

One more reason I have a day job, and that has moved to remote work so I'm holed up 150 miles north of LA. Nice and quiet up here :D
 
People weren’t buying guitars in 2008...
No, but those that did were paying the same price for them as before. Now and again, when the economy sucks, you can find music gear cheap when someone (unfortunately) needs the money, same as old cars or dirt bikes or guns or tools or any of the other things I like having around. Generally speaking, however, stuff still commands the same prices it usually does regardless of economy. All those things I mentioned are kinda like insurance for when poopie inevitably goes sideways in that regard. I don't know how many old cars and shotguns have brought me supper and rent over the years, always for normal market value.
 
Now and again, when the economy sucks, you can find music gear cheap when someone (unfortunately) needs the money, same as old cars or dirt bikes or guns or tools or any of the other things I like having around. Generally speaking, however, stuff still commands the same prices it usually does regardless of economy.

Serious buyers market for that right now in LA. I was at a local shop on a Monday and it was packed. Half picking up guns after the 10-day waiting, the other half taking the Firearm Safety Certificate test so they could buy. I didn't see anyone selling. This isn't your typical economic downturn. The other stuff definitely will probably be on the market, particularly since many who have hourly jobs won't be able to work with various shutdowns.

One other note - profiteering SUCKS. Those who are selling masks, TP, and other stuff for insane prices - here's hoping that karma is indeed a b****.
 
No, but those that did were paying the same price for them as before. Now and again, when the economy sucks, you can find music gear cheap when someone (unfortunately) needs the money, same as old cars or dirt bikes or guns or tools or any of the other things I like having around. Generally speaking, however, stuff still commands the same prices it usually does regardless of economy. All those things I mentioned are kinda like insurance for when poopie inevitably goes sideways in that regard. I don't know how many old cars and shotguns have brought me supper and rent over the years, always for normal market value.

Over here in the UK, the 2008 crash resulted in a depression of prices on the used market that carried on for several years. There were some real bargains to be had.
 
Hi Spidey :)

.. mainly trying to optimize selling the stockpile of TP I've amassed over the weekend.

:D

well, don't tell me you haven't been warned! :laugh:

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greetings


Wise
 
This is the real issue - gig evaporation. I'm glad I no longer gig for a living, as this is going to be ugly. Broadway closure - what's the deal on the sidelined pit musicians? I'm really anticipating pain for the folks whose income is rooted in wedding work - April through July is the height of that season, but who knows where this goes...and those folks generally are freelancers, so there ain't no safety net. Bar musicians? Touring acts, at all levels? All f****d.

No joke. Interesting reading this from Europe. EVERYTHING is canceled right down to the little bar gigs i.e. in the Czech Republic gatherings of 100 or more are banned. I fully expect the bars will close altogether. In the last week I've had 24 gigs cancelled (in other words everything I have on the books through May). They all say they want to rebook but no one has any idea when that might really be. Just reading a Facebook post from a UK friend who is touring in Australia and seeing all his gigs cancelled leaving him essentially stranded as there are no prospects for gigs to replace the ones which have been lost (add to that the complications to even getting home if he could). I'm grateful that I'm in good shape physically and financially (relatively speaking) but can easily see where others may be forced to let go of non-essential belongings.
 
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The live music industry will absolutely be crushed by this. SXSW has been called off, Broadway is temporarily closed. I have friends who do live sound and backline and much of their schedules have been cancelled. Even the two gigs we have coming up look like they could be called off but at this point it's a too early to know. I assume gigging musicians or anyone in the industry who relies on live music will be hard up for a pay check . I suppose that could flood the market with some used gear. However, I think i'd feel somewhat conflicted about getting a good deal on an instrument because some poor person had to sell it to pay the bills.