31 July 2023
June 2023 report from the RV Industry Association highlights a steep 46.4% fall in RV shipments, largely due to high borrowing costs. However, the striking trend is a 7.7% rise in “Park Model RVs” demand, reflecting a concerning shift in housing preferences. This trend echoes a deepening housing affordability crisis, effectively pushing the ‘American Dream’ out of reach for many amid stagnating wages. Consequently, more people are resorting to alternatives like Home Depot’s “Gateway Pad” trailers.