Forum Discussion
goducks10
Sep 11, 2018Explorer
fla-gypsy wrote:PawPaw_n_Gram wrote:westernrvparkowner wrote:
South of Saint Louis Missouri
I did a bad job of defining the area. I should have saidIf you draw a line across the country even with St Louis Missouri, the area south of that line and mostly east of the Rockies
The biggest regions I've seen the growth of long-term residents only RV parks is in the states of Kansas, Missouri, Kentucky, Tennessee, Arkansas, Oklahoma, Texas, Louisiana, Mississippi, Alabama. More of those parks the farther south a person goes until about 150 miles from the Gulf Coast. Though I have seen a few in California and Washington State within the past two years.
Yes, some parts of the economy are doing well. But the gap between the population doing well and the population falling closer and closer to poverty is growing.
That is in my opinion where many new RVs are going.
Travel trailers under $40,000 list price, low 30's sale price. I've even seen dealers who deliver new and used purchases to such an RV park. People buying them who do not own a vehicle capable of towing the trailer.
Those small travel trailers under 32 or 33 feet in length appear to be the largest numbers being sold to me.
All indications are that wages are rising, the economy is growing faster than it has in decades, unemployment is going down even with more and more entering the job market, fewer people are using poverty programs like welfare and food stamps, etc etc. More Americans are working now than at any time in history. Turn off the tv and open your eyes.
Wages are stagnant due to inflation. Interest rates for RV's are now at 6.24% to 6.75%. Prices for RV's are climbing faster than wages.
My 5th wheel had an MSRP or $33K back in 2013. It's now $48K. And there's absolutely not $15K worth of improvements.
IMO eventually all those things will slow the sales down.
Last year my son bought a new home. At the time people were so paranoid that they wouldn't find a house that they were bidding the price up. Many were selling in days or weeks. Right now in my neighborhood homes are sitting for many weeks to months. Prices have outpaced wages and rising interest rates have taken many buyers out of buying range.
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