QUOTE: Originally posted by alco_fan Some posters should just stick to their repetitious warnings about the end of the hobby, because their stats work is poor. According to the US Dept of Labor, 1980 average weekly earnings for non-supervisory and production workers (to leave out those accursed high wage earners some posters so despise) was $240.77. So far in 2005, it is $543.04. So in 1980 the Atlas diesel I mentioned in an earlier post that cost $21.99 street price would have been about 9% of a week's salary for a production worker. An Atlas Trainman diesel at $55 street price in 2005 would be 10% of the week's salary for a worker making the average non-supervisory or production worker's wage. 1% difference in real cost for a vastly improved product? Sounds like the hobby is pretty cheap. Again, this is without extensive shopping around. How about retirees? In 1980, the average social security weekly benefit to a male was $86.31. The Atlas diesel of 1980 was just over 25% of Grandpa's weekly Social Security benefit. In 2003 (the last year I had figures handy), the average weekly Social Security benefit paid to a man was $239.75. A Trainman diesel sets today's AARP member back 22.9% of the weekly benefit. Cheaper today in relative terms. Sorry to intrude on all the gloom and doom with real data ... we now return you to the usual whining session. Jon
QUOTE: Originally posted by ngartshore350 The pricing is relative to the quality and detail. There have been numerous posts above looking at CPI that seem to show the prices compared to wages are comparative. One thing we are getting is extra detail and smooth running. You look at a loco from 7 - 10 years ago and it doesn't compare to the detail you get now, some you almost don't need to touch before running them. I used to spend a fortune on Detail West products every time I bought a new loco. Now I just buy bits and pieces. But I must admit sound is expensive! The really anying thing I find is that manufacturers seem to be running batches of products, so if you don't get one when they come out, sorry you lose, we've stopped production of that! It makes it difficult to see what you like and save for it. If you don't get it then & there it more than likely won't be there next week. Anybody else finding this? NG
Dave Grosvold Canehill, AR
QUOTE: Originally posted by whitman500 QUOTE: You're forgetting one thing. Us supposedly well heeled old codgers were once young puppies without a container in which to pass water. The hobby was just as expensive then as it is now relative to the overall cost of living and wage rates. Things weren't any better then. 35 cent a gallon gas in 1965 is roughly the equivalent of what gas sells for locally here in Monterey (about $2.21/gal at the cheapest places).There were people then at the peak of their earning years who could afford brass, just as there are people now who can afford the latest that BLI has to offer. Guess how many nice brass engines were offered as compared to new offerings of moderately priced plastic or cast metal engines. If you actually look at the demographic data, this isn't really correct. In 1965 the poorest segment of the US population was retired people. Today they are the richest. While things have decidedly moved in their favor, the situation is the reverse for young people. Over the last 40 years, we've seen the creation of Medicare and vast increases in the generosity of Social Security which has materially improved the standard of living of retired people and people near retirement (who no longer have to save as much money as previously). On the otherhand, young people have to deal with higher education costs (which have grown much faster than inflation), higher health insurance costs (which have also grown much faster than inflation and which there is no Medicare-equivalent subsidy for), much higher Social Security payroll taxes, and much less generous pension plans from employers (requiring people to save more). I guarantee you that in terms of disposable income the gap between people in their 20s and 30s and people in their 50s and 60s has widened considerably over the last few decades. While this may be something of a tangent, I do think this trend makes it more difficult for manufacturers to simultaneously appeal to new, younger hobbyists and baby boomers and exacerbates the tension between planning for the future and maximizing current profits.
QUOTE: You're forgetting one thing. Us supposedly well heeled old codgers were once young puppies without a container in which to pass water. The hobby was just as expensive then as it is now relative to the overall cost of living and wage rates. Things weren't any better then. 35 cent a gallon gas in 1965 is roughly the equivalent of what gas sells for locally here in Monterey (about $2.21/gal at the cheapest places).There were people then at the peak of their earning years who could afford brass, just as there are people now who can afford the latest that BLI has to offer. Guess how many nice brass engines were offered as compared to new offerings of moderately priced plastic or cast metal engines.
QUOTE: Originally posted by ctcbound I had an interesting chat with a gent a couple of days ago. He said, that his friends either stopped buying trains completely or got out the hobby because the cost were increasing too fast. Has anyone else heard this? And if so why aren't the companies responding to this? Roger
QUOTE: Power tools are conveniences, not necessities. You can get a lot of good work done with files, razor saws, hand saws and screwdrivers while you are saving your money to buy those power tools. But you may take more time to get things done. Again, if you find it important to get it built in a hurry, then it's gonna cost ya.
QUOTE: Originally posted by andrechapelon People get into this hobby because they're interested in trains. Nobody (and certainly not a kid) does a cost/benefit analysis comparing the relative merits of one hobby over another. If kids aren't interested in trains these days, the hobby is going to die. Period. Lower prices won't save it, nor will they bring in additional model railroaders. The Baby Boomers who now appear to be the financial backbone of the hobby were once on the poorer end of the economic spectrum and couldn't afford the higher end goodies the hobby offered at that time. When my late father was young, he was dirt poor. When he was the age I am now, he was much better off. That's the way it works for most people. You don't get to start off in the upper income brackets.
QUOTE: Pendon Museum in England
QUOTE: Originally posted by whitman500 I think the problem is not so much that hobby companies are gouging customers or making huge profits but rather that people's expectations about what their layout should look like has increased in recent years. With sound, DCC, photo realistic backdrops, etc., you can really make a top quality layout that looks like the real thing. Certainly that is the case with the layouts that are featured in MR. However, these layouts cost real money: tens of thousands of dollars. In the past, a rich man's layout probably didn't look a lot better than a poor man's but that gap has really widened, and I think that discourages newbies who see the layouts in the magazine and get excited and then realize to their dismay the vast financial resources that are required to meet their expectations.
QUOTE: Originally posted by whitman500 Separately, a number of people have mentioned how the startup costs for the hobby are daunting and this drives people away. One factor that may be contributing to this is the cost of tools. You see fewer and fewer people with home workshops these days and so while in the past a new hobbyist probably had a power drill, a couple of power saws, a soldering iron, etc., today many do not. I came into the hobby a year ago with nothing and had to spend probably $500-600 just to get equipped with the tools I needed to build benchwork.
Five out of four people have trouble with fractions. -AnonymousThree may keep a secret, if two of them are dead. -Benjamin Franklin "You don't have to be Jeeves to love butlers, but it helps." (Followers of Levi's Real Jewish Rye will get this one) -Ed K "A potted watch never boils." -Ed Kowal If it's not fun, why do it ? -Ben & Jerry
QUOTE: Originally posted by whitman500 I think the manufacturers are caught between two opposing forces. On the one hand, there is a large number of baby boomer hobbyists that are in their peak earning years and so it makes perfect sense for the manufacturers to focus their efforts on selling expensive, high-end products liek sound-equipped locos, pre-weathered buildings, etc. The problem, however, is that catering to this market simultaneously limits the growth of the hobby since new, younger hobbyists don't have the money to buy these products. For the manufacturers the issue is that doing the right thing in the near-term could prove to be disastrous in the long-term since the big spending baby boomers will eventually grow old and pass on and there aren't enough new, younger hobbyists to replace them. I'm not trying to argue that the manufacturers are being irrational since on an NPV basis it may make sense to maximize profits for the next several years even if the result is long-term decline but for the hobby it is not a good thing in the long-term.
QUOTE: Originally posted by MAbruce QUOTE: Originally posted by andrechapelon It's not the manufacturers who are to blame for whatever perceived wrongs are going on. QUOTE: Mantua finally killed itself because it tried to make "collectors items" out of items where the basic tooling was in excess of 50 years old and bore (at best) only a vague resemblance to prototype. That's got to be one of the stupidest blunders in this hobby. So you first tell us it's not the manufactures fault for what's been going on in the industry, and then you turn around and give us an example of how a manufacturer committed one of the stupidest blunders in history???? May I suggest you re-read your posts before you hit the “post reply” button next time? QUOTE: Blaming the manufacturers may make you feel better, but you're shooting at the wrong target with an obsolete weapon while wearing blinders in a dense fog. Andre After reading your post(s), I wonder who's really in the dense fog wearing blinders firing away with a musket at an airplane?
QUOTE: Originally posted by andrechapelon It's not the manufacturers who are to blame for whatever perceived wrongs are going on.
QUOTE: Mantua finally killed itself because it tried to make "collectors items" out of items where the basic tooling was in excess of 50 years old and bore (at best) only a vague resemblance to prototype. That's got to be one of the stupidest blunders in this hobby.
QUOTE: Blaming the manufacturers may make you feel better, but you're shooting at the wrong target with an obsolete weapon while wearing blinders in a dense fog. Andre
Jerry SP FOREVER http://photobucket.com/albums/f317/GAPPLEG/
QUOTE: Originally posted by selector Well, I happen to agree with Andre. We ARE the market, and they provide what we tell them we'll buy. How? With our wallets. Some don't have the money, and they are the losers, but no one ever compelled a company to stay in business to satisfy customer demand at the expense of the corporation.
Chip
Building the Rock Ridge Railroad with the slowest construction crew west of the Pecos.