Originally posted by Merv-O
Wheatfield:
The fact that DSLR's are slowly going the way of the cassette deck or the VHS tape does not mean people are holding off on their discretionary spending: I think rather the discretionary spending has been routed into new purchases (I.e, $1,000 smart phones vs. 1,000 cameras). As an aside, I never thought camera purchases were discretionary to me. I consider my picture taking to be a serious hobby just as I don't consider golf clubs discretionary. However, a non-enthusiast or occasional picture snapper would consider an advanced DSLR of Mirrorless to be discretionary; If you meant the latter than I agree with you--a casual camera user is now investing in an ever better camera phone--fact of life. Ethusiasts and pros are all that remain of this market.
That may be, though for most people, a camera would be far more of a discretionary purchase than a 1k cell phone. DSLR sales are down, but so is every other category.
If you are in the position of having to choose between next month's rent and a new camera, then the camera is very much discretionary spending. The difference between discretionary spending and non discretionary spending is the difference between need and want.
You may think that a new camera is non discretionary spending, but all you are doing is jumping from want to need (something my wife says I am able to do faster than anyone she knows).
Let's face it, very few people really NEED a camera, and let's face it, not only does no one need a new set of golf clubs, no one needs a golf course. That is just about the epitome of discretionary spending.
What is going to hold people back from spending on non necessities is the very real possibility of ruinous inflation taking hold as leaders with no real grasp of economics continue to sabotage the world marketplace.
And with that, I must bid adieu to this thread.
Last edited by Wheatfield; 07-02-2019 at 07:09 PM.