I was thinking when I heard about the LSA, and I still think so now, that as the new LSA age, they will be sold for less than the purchase price.
I suppose that some of the 150-152 members bought their planes new and still fly them. But I expect that most have planes that they bought used. In my case, I bought a 36 year old plane. If my grandson buys a 36 year old LSA, what will it cost compared to the 36 year old Cessna 150 that I bought?
Almost (no, every) form of transportation still has adherents. People still backpack, ride bicycles, canoe, sail, ride horses, refurbish steam locomotives, keep vintage cars going, and maintain aging aircraft. And the people who do that are not always the wealthy. They are ordinary people who have time and some money. I do not think that will change in the future.
