RV & Camper Prices vs Inflation

[rruff]

Where I live, most people don't make nearly that amount of income even with two parents working full time. On the road I live on, about 1/3 of the households are currently on public assistance.

That's the median for the country... which is what I thought we were talking about... not your personal anecdote. Do you have some reason to believe that the people on public assistance fared worse?

People on public assistance get COL adjustments, plus during covid they got boosted foodstamps and random "free $$$" like almost everyone else, in addition to rent forgiveness, egregiously high UE to stay home (if they had a job) and a bunch of other stuff. So I very much doubt the poor are financially worse off as a whole... but of course if your state is a crappy place to be poor, it is possible.

Clearly there's some significant volatility recently and the big question is does it continue or revert to the pre pandemic average on eggs and RVs? Do I have to decide between them to fit my budget LOL?

I don't know what the heck is going on with eggs at the moment, but in general since salaries have also climbed, you'd expect the broad inflation that has already occurred to persist. In other words the real price of most things should settle to what it would be if covid never happened.

 

[vintageracer]

I saw in the WSJ that the most inflated item in 2024 is entertainment tickets.

Concerts, Ball games and most any other form of seated entertainment.

A limited number of seats makes the price go UP when there a more buyer's than seats available.

Up 15% just this year 2024!

 

[plh]

IMHO the only constant across countries, generations, geopolitical situations is the cost of a beer. You can compare Phoenician era beer to 10th century china to London during WWx or North America in the 70s or today. The cost of a beer vs average wage will tell you how the society is doing.

Hamms is $15 a 30 pack. Craft beer is $16 a 4 pack. Not a good comparison.

 

[plh]

I saw in the WSJ that the most inflated item in 2024 is entertainment tickets.

Concerts, Ball games and most any other form of seated entertainment.

A limited number of seats makes the price go UP when there a more buyer's than seats available.

Up 15% just this year 2024!

Basically tickets are luxury goods. Charge whatever you can get for them.

 

[plh]

That's the median for the country... which is what I thought we were talking about... not your personal anecdote. Do you have some reason to believe that the people on public assistance fared worse?

People on public assistance get COL adjustments, plus during covid they got boosted foodstamps and random "free $$$" like almost everyone else, in addition to rent forgiveness, egregiously high UE to stay home (if they had a job) and a bunch of other stuff. So I very much doubt the poor are financially worse off as a whole... but of course if your state is a crappy place to be poor, it is possible.


I don't know what the heck is going on with eggs at the moment, but in general since salaries have also climbed, you'd expect the broad inflation that has already occurred to persist. In other words the real price of most things should settle to what it would be if covid never happened.

Eggs at our local ALDI are $1.99 a dozen.

 

[Obsessed2findARuggedHybid]

Eggs and tickets and this horrible economy is so tough on us white guys 😉

 

[Todd n Natalie]

What's up with all you folks are your trailer winterized and in the garage?

Did that this weekend. Put it in storage for the winter now... 😭

 

[Obsessed2findARuggedHybid]

Did that this weekend. Put it in storage for the winter now... 😭

I guess winter trips to the desert are to far?

 

[Todd n Natalie]

I guess winter trips to the desert are to far?

From Edmonton, Alberta... Yes. That and I used up most of my vacation days now.

 

[Ozarker]

I'd rather read about guns and butter. As to entertainment, the door charge has been $10.00 for the past 5 years at the same bar, I get the same table in front of the stage, about ten feet from the pole.

 

[Todd n Natalie]

I'd rather read about guns and butter. As to entertainment, the door charge has been $10.00 for the past 5 years at the same bar, I get the same table in front of the stage, about ten feet from the pole.

Is that the 12:00 noon early bird special door rate?

 

[Ozarker]

Is that the 12:00 noon early bird special door rate?

From 3 to 6 p.m. is Happy Hour.

Could talk about how those that receive government assistance put it back into the local economy at a faster rate than do those earning average incomes. Rent, food, gas, clothes, school lunches, etc. often spent before the next check. I'm glad those checks came out, always received rent payments on time for a few of my tenants.

 

[Obsessed2findARuggedHybid]

I'd rather read about guns and butter. As to entertainment, the door charge has been $10.00 for the past 5 years at the same bar, I get the same table in front of the stage, about ten feet from the pole.

Maybe but you don't get to see Jelly Roll

 

[rruff]

Could talk about how those that receive government assistance put it back into the local economy at a faster rate than do those earning average incomes.

Hopefully us wealthier folk invested our excess in something more useful than the stock market ponzi scheme.... thereby simply adding to the PE/ratio, and the bank accounts of the oligarchs...

Not that the ponzi can't go on indefinitely, so long as people keep shoveling $$$ into it... like all ponzis....

BTW... RE?... same thing. The devaluation of work vs ownership, and the resulting inflation of assets.

 

[eatSleepWoof]

stock market ponzi scheme.... thereby simply adding to the PE/ratio, and the bank accounts of the oligarchs...

Umm... excuse me... please refer to them using our western-media approved, propagandized & politically correct term with a hint of en Francais elegance: entrepreneurs.

Thank you for coming to my TED talk.