Originally Posted by
barny
...vintage machines in this area of Dallas have gone up in price....
I’ve been noticing what looks to me like an increase in what folks are getting for vintage machines in the “sold” area of that auction site, especially when it comes to vintage industrial machines. I paid dearly for my last home-use machine on the auction site (Singer 431G), but I figured that I’d better get it while I could. I wouldn’t have been happy much longer without one. Now that I’m getting down to the end of my want-list, I’m into the expensive machines....dang it.
Originally Posted by
QuiltingVagabond
We...have one of the RVs you mention - nicer than our house! We don't plan to sell our home however, just do the snowbird thing...
I think there are a lot of retirees that keep their home, either in the north or the south, and spend 1/2 of the year in the other part of the country in their RV. In that case, the RV could just be the vehicle that brings more machines back to the larger home. Sounds like a plan to me.
Originally Posted by
Rodney
...Space rent for RVs isn't cheap either... I think it's cheaper to fly where you're going and rent a room when you get there.
Mobility means selling off most non-essential belongings...$3.00 per gallon here at the moment...
Rodney
Another article that I read in the past couple of days since the stock market went wonky said that many Baby Boomers are pulling their money out of stocks, but instead of going into bonds or annuities, they’re taking it out for cash and spending it on durable goods. An RV would be considered a durable good. (So would a collection of vintage sewing machines.) If fuel stays down for the decade or so that the crystal ball guys seem to be thinking it will, those RV folks can have the fun of “seeing America” and still end up with something to show for their investment in an RV, while keeping ownership of their regular home. Not to mention the possible protection an RV could offer (roof over your head) if there were to be an economic collapse while they were away from their regular home. I get the feeling that most senior Americans have been just a little bit nervous about the economy for a while.
We’re down to around $2.15 a gallon on gas here now, and it’s supposed to go below two dollars according to the ones in the “know”. (Not good for one of our sons that’s a rough-neck in the oil industry.) Supposedly, the nation now has a rental property shortage, and the rents are going up. Can’t really see it here in rural Oklahoma farm country, but the young family that just bought the house next door to us came from San Francisco and told us that they had been paying over a thousand dollars per month rent out there for a 2-bedroom house. If the number of RVs increases, you’re right, watch for RV spaces to go up in rent cost.
CD in Oklahoma