I was standing next to a kid complaining about what their parents wasted money on one time. I looked at him and said, it is their money and no one else's money. They don't have to answer to you. He did not like the answer a a couple chuckled and a few agreed with him.
Alan a good deal of your points are not far off from what I see. The same thing was going on with the classic car market back 20 years ago or so, most of the children were muscle car fans. They won't be scraping those cars just selling cheaper than what they thought.