Originally Posted by
MRT2
Didn't the 70s bike boom turn into the bike bust a few years later?
It wasn't horrible, but this is definitely why companies that have been in the business for a while are not rushing to expand. They can remember 2 years ago.
Not sure how it's germane to your thread though. The economy wasn't great in the years following the bike boom and bike prices certainly never went down.
Another factor that will probably push up prices is interest in ebikes. I think in the future, commuter and possibly hybrid sales will be ebike sales.