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<p>[QUOTE="James Conrad, post: 258611, member: 5066"]LOL, oh dear, tough day at black rock! Will the tide ever turn? YES! but i don't know when! In addition to being out of fashion, old furniture has another problem.</p><p>There is an OCEAN of product available on the middle market which is 80% of the antique furniture market. Boomers that are retiring by the millions and down sizing and selling their pieces are often shocked that the antique furniture they bought in the 1960-1980 era is worth much much less than they paid for it back then.</p><p>Bottom line? It's going to take time for that ocean of inventory that's floating around to get sold off, how much time? I don't have a clue.</p><p><br /></p><p>Naturally, the top 5% of the market still commands big numbers & the bottom 15% (junk) always sells well but the middle market? No go, it just ain't happening now.[/QUOTE]</p><p><br /></p>
[QUOTE="James Conrad, post: 258611, member: 5066"]LOL, oh dear, tough day at black rock! Will the tide ever turn? YES! but i don't know when! In addition to being out of fashion, old furniture has another problem. There is an OCEAN of product available on the middle market which is 80% of the antique furniture market. Boomers that are retiring by the millions and down sizing and selling their pieces are often shocked that the antique furniture they bought in the 1960-1980 era is worth much much less than they paid for it back then. Bottom line? It's going to take time for that ocean of inventory that's floating around to get sold off, how much time? I don't have a clue. Naturally, the top 5% of the market still commands big numbers & the bottom 15% (junk) always sells well but the middle market? No go, it just ain't happening now.[/QUOTE]
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