The camping industry is going to be hit hard
Just think of all the unsold units in stock. Also think of all the for sale by owner units out there. Now factor in the individuals who won't have any income or expendable cash for a while. It will ...
Forum Discussion
schlep1967 wrote:
I'm still trying to figure out how so many people will be destitute after this. Unemployment will pay many more than they are making now. They will get the state's unemployment amount plus $600 federal money. And they will sit at home and smile instead of taking one of the many jobs available right now. Heck, why take a pay cut to go to work?
Yes, I understand the small business OWNERS can't collect unemployment. The Government is working on that.
As for the RV Industry, the current inventory is in place and not dwindling. And nobody is currently making new units. So when parts of the country start opening up the inventory will start reducing. If the RV manufacturers are smart they will hold off on opening up their factories until the old inventory starts to drop. Then they will have a surge of orders to get them through the winter.
I am ahead in savings since this all happened. Retirement is the same, Social security is the same, I am spending WAYYYYY less money without going anywhere except for food and Prescriptions they still cost the same.
