You left out the hope of being thought to be “a success, self made man, having arrived” by being able to buy and own the most expensive gear out there (this includes the manufacturer who increases the price of his products to outrageous degrees specifically to give the illusion of better quality and to attract the above ); and ipso-facto being able to approximate the sound of the very best at a fraction of the cost.
There was the member who cited the youth of today turning up their nose at high-cost equipment but thinking nothing about blowing $1,000.00 on Taylor Swift concert tickets. I think the point was that they prefer group experience to the solo-listening experience, but then went on to say his daughter collects LPs however, that she goes with friends to retro markets and digs through records looking for rarities (the key point is that she is going to those shops “with friends”, no doubt sharing details of their “finds” with their friends who engage in the same).
I believe the blip in greater record sales is due to the demand from us old silver-back’s. We have bought our homes, raised our families, seen the world and now retired, use our disposable income to keep ourselves engaged in this hobby that, quite frankly, represents what we wanted but couldn’t afford when we were teens. We don’t feel anxious sitting alone at night in our listening rooms.
The youth of today however, live in uncertain times. The world is smaller, less safe and rapidly changing. Living to old age is no longer the norm, s**t happens. Like fish swimming in schools, or birds in a murmuration the youth must feel safer in groups, spending whatever to experience life together. I don’t think they will be taking up this hobby. Our gear that survives us will likely end up deteriorating in garage of a relative who inherited it or surviving as a novelty in some Japanese Kissa bar or museum.