We knew it was coming...
https://www.zerohedge.com/economics/all-sudden-it-came-halt-after-posting-fresh-records-just-months-earlier-rv-industry
Forum Discussion
ticki2 wrote:
It’s what usually happens when you saturate a market in a short period of time . The RV market went up 17% and now it’s predicted to go down by 8% , that’s a pretty healthy gain yet they are crying ??
If it's down 8% and the market hasn't completely collapsed yet...don't be shocked when it's down 20-30%, maybe more before things settle out.
A used market with tons of 1-3yr old units is likely to apply a lot of downward pressure on new unit sales.
