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Major price hikes ahead - NYT. discovers model railroading

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  • Member since
    January 2021
  • 1 posts
Major price hikes ahead - NYT. discovers model railroading
Posted by eidsvolling on Thursday, March 18, 2021 6:46 AM

I'm actually very pleased to see this article in today's New York Times, but economists are fond of linking demand and supply - look out.

‘A Perfect World’ Around Every Miniature Bend

https://www.nytimes.com/2021/03/18/business/model-trains-pandemic.html

 

 

 

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Posted by mvlandsw on Friday, March 19, 2021 11:39 PM

I wonder what camera they used for that video. It gives better results than most.

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Posted by mlehman on Saturday, March 20, 2021 9:16 AM

mvlandsw

I wonder what camera they used for that video. It gives better results than most.

 

I don't know, but the NYT can afford the best, whatever that is. Great videoes and article.

Not so sure about it driving prices up. It could help expand the market, allowing mfg's to enjoy a bit more certainty in sales, etc, a generally good thing in any case for the hobby to get such great publicity.

Mike Lehman

Urbana, IL

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Posted by micktropolis on Saturday, March 20, 2021 11:23 AM

I'll say its nice to see an article that isn't doom and gloom verbage! An excellent article and hopefully people find and rediscover joy in model railroading.

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Posted by maxman on Saturday, March 20, 2021 11:48 AM

micktropolis
An excellent article and hopefully people find and rediscover joy in model railroading.

It seems that a lot of hobbies are being discovered and/or rediscovered.  I was speaking to the customer representative from my distributer a couple days ago.

He said that his sales for 2020 were up 50% from previous years.

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Posted by selector on Saturday, March 20, 2021 4:55 PM

This exposure can't hurt the hobby, and may help to give it a bit of a boost, if short-lived.  People buy stuff, and then unload it a year later with close to zero hours on it for 40 cents on the dollar.  

Over the past year, snowmobiles, motorcycles, RVs, trampolines...any toy you can think of...disappeared in quantities from the displays about as fast as toilet paper did.  Soon, they'll be on the auction sites or swap sites for whatever they can get, and whatever their bankers need from them...or so they hope.

  • Member since
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  • 68 posts
Posted by KitbashOn30 on Monday, March 22, 2021 5:32 AM

selector
... and may help to give it a bit of a boost, if short-lived.  People buy stuff, and then unload it a year later with close to zero hours on it for 40 cents on the dollar.  

That is a different outlook than Marklin has in the article,

"The boom in sales from the pandemic has led to shortages of some parts, like rails. Certain special models have sold out, like a model of the 078 series, a steam locomotive used by the West German national rail in the 1960s and 1970s. In a first since Simba Dickie took over the company, the company is training new apprentices to join the roughly 700-strong work force in Hungary.

The company is betting that many of the people drawn to Märklin trains during the pandemic stick with model trains afterward. “Because it really is not the kind of hobby that you do for two weeks and then abandon,” Mr. Sieber said."

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Posted by Doughless on Monday, March 22, 2021 12:21 PM

That reminds me.  I need to pay a visit to House of Trains in Omaha some day soon.

[Edited by admin. The state of print journalism today is off topic for this Forum.]

- Douglas

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Posted by snjroy on Monday, March 22, 2021 2:51 PM

Well, looking at the price trends on Ebay, I would tend to agree with the NYT and the OP's interpretation. And our LHS has been low on supplies for months. According to the owner, a lot of stuff is on backorder. Low supply, high demand, watch out for your wallet!

Simon

 

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    February 2017
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Posted by Deane Johnson on Monday, March 22, 2021 2:58 PM
In the good news, House of Trains appears to be doing better than ever.  Inventory is growing, they have a really nice large layout under construction by their "club" group.  I was in just last week and their Woodland Scenics section was two or three times better stocked than I've ever seen it.  Great feeling to see our local train store doing well.
 
[Edited by admin. The state of print journalism today is off topic for this Forum.]

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