What Magic: The Gathering’s record year reveals about America’s stalled adulthood economy | Fortune
Posted by BigDictionEnergy
What Magic: The Gathering’s record year reveals about America’s stalled adulthood economy | Fortune
Posted by BigDictionEnergy
10 Comments
SS: A record year of MTG sales illustrates how declining fertility and homeownership among Millennials is influencing their purchasing habits
Can’t read the article, is it just a “millenial likes different thing” again?
Hobbies are all generationally focused and thus their sales trajectories track with the cohorts income level as they age and often even if a cohort is starting to die off the mass income gains at the end of life can mask this until the big cliff happens
They should play grown-up card games instead with grown-up consequences (ruining your life and becoming hopelessly indebted to the mob)
Abolish the rent seeking reserve list.
Baby Boomers’ model train obsession highlights Americas stalled adulthood economy – cir 1995
It wasn’t MTG, but I remember overhearing somebody talking about how a hobby shop had a card that they’d been chasing for sale, but they were listing it for like $400 or something, and this person basically was telling their friend “I had enough money to buy it and I didn’t know when or if I was gonna have enough to buy it again, so I bought it” and that just struck me as insane.
I recently went to a local game store and was floored at how many people were there for the Friday Night Magic Tournament. The place was packed.
I always assumed that competitions or tourneys like that are on Sunday afternoons or something (the way I’ve almost always played board games or RPGs) but this was a bunch of adults choosing to soberly play MTG on a Friday night, which I think is pretty indicative of how socialization has changed in the last ~15 years or so.
Apparently adults having the time and disposable income to invest into hobbies is a sign of economic collapse.
Nobody collects stamps anymore 😞