luxury housing recovery is key unresolved variable
I'm watching RH closely after an ~80% five‑year drawdown — it could be a meaningful long‑term opportunity if luxury housing recovers, but near‑term exposure to high‑end real‑estate trends makes it a mixed bet.
An ~80% five-year drawdown creates long-term opportunity, but near-term performance hinges entirely on high-end real-estate trends, leaving RH a compelling but timing-dependent bet for patient contrarian investors.