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re: Housing prices are alarming
Posted on 6/10/19 at 8:17 am to Mud_Till_May
Posted on 6/10/19 at 8:17 am to Mud_Till_May
quote:
What about the automobile market?
What about it?
People are free to buy, not buy, keep their cars for a long time, sell their vehicles, buy cheaper or more expensive cars, buy used vehicles, etc.
The automobile market pretty much exemplifies a great free market.
As far as going into debt, I think you may need to inform yourself on how finance capitalism works. It is one of the greatest historical emancipators of human freedom, innovation, and progress.
1
Posted on 6/10/19 at 8:24 am to tigahbruh
quote:
The automobile market pretty much exemplifies a great free market.
The auto market and especially the used auto market is having trouble right now. Prices and 84 month loans have people so upside down they can't get out of a vehicle after 3 years like they could before so they are keeping their vehicles longer.
I get that's not the point you were making but just pointing it out. You can google it.
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