Inflation
#15
(02-20-2021, 05:55 PM)ezdays Wrote: Think about this, as prices go up due to bidding wars, builders get to increase their prices for new homes, landowners get to charge more when they sell to a developer, and everyone down the line wants a piece of the pie making real estate increases much higher than the inflation rate. There's one thing that hasn't kept up with inflation though. Any of you that are retired will know what I'm talking about. Inflation can go up 5%, but us that depend on Social Security may see anywhere from 0 to 2%, and usually, most of that goes for increases in our medicare payments.

I think hobby manufacturers and importers should know that a good deal of their customer base are retired folk, many dependent of Social Security to get by and when they raise prices, they are driving away many customers that can no longer afford to stay in the hobby. I remember when I started, I paid less than $20 for a number of my engines and a few dollars each for cars. See what they're going for now and then there's no need to ask why I'm not interested in upgrading or buying any new rolling stock. It isn't just the Internet that's causing hobby shops to close.

Exactly.  That's a major reason why I just laugh when someone tells me that I can "upgrade" to DCC.  I tell them "Sure...when you pay for it."

A hobby should be fun, not another stress factor over costs and bills.
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Messages In This Thread
Inflation - by ezdays - 02-20-2021, 09:48 AM
RE: Inflation - by nachoman - 02-20-2021, 10:05 AM
RE: Inflation - by doctorwayne - 02-20-2021, 12:09 PM
RE: Inflation - by nachoman - 02-20-2021, 12:52 PM
RE: Inflation - by ezdays - 02-20-2021, 01:26 PM
RE: Inflation - by doctorwayne - 02-20-2021, 03:17 PM
RE: Inflation - by nachoman - 02-20-2021, 01:57 PM
RE: Inflation - by jim currie - 02-20-2021, 02:28 PM
RE: Inflation - by ezdays - 02-20-2021, 05:55 PM
RE: Inflation - by Mountain Man - 04-17-2021, 03:45 PM
RE: Inflation - by Tyson Rayles - 02-21-2021, 06:59 AM
RE: Inflation - by ezdays - 02-21-2021, 07:45 AM
RE: Inflation - by Mountain Man - 03-12-2021, 04:02 PM
RE: Inflation - by Russ Bellinis - 04-16-2021, 10:01 AM
RE: Inflation - by ezdays - 04-16-2021, 12:20 PM

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