So cars, wood + building supplies, labour, food, shipping all dramatically increased. What’s the best hedge against hyperinflation? Crypto? Ether?
Equities and real estate. Housing and cash flows never go out of style.
Why are used cars so expensive right now?
41–50 of 110 posts
Re: Why are used cars so expensive right now?
#42Earlier quoted context omitted.
I’ve had folks who found out I’m about to take delivery of a Model Y offer me ~$10k over list if they can buy it immediately after I take delivery. It’s insane. (we’re keeping it of course)
Haha. Mine is a Model S. It's my baby so of course I couldn't sell it. I had just posted it for shits and giggles at a ridiculous price but I guess people are desperate. I'll sell it once my Cybertruck preorder is ready! haha`
Re: Why are used cars so expensive right now?
#43Earlier quoted context omitted.
What about land? My house is relatively inexpensive, the land it's on is worth like 10x as much.
The supply for land isn't great. The demand tends to grow over time. If there was a "new land" factory it could help!
Re: Why are used cars so expensive right now?
#44Are the blue book sites up to date with these current trade in value trends, or is there a better place to reference prior to trade in?
Re: Why are used cars so expensive right now?
#45Earlier quoted context omitted.
> What is the reason new housing starts are not keeping top with demand? https://en.wikipedia.org/wiki/Civil_Rights_Act_of_1968#Title... But especially since https://en.wikipedia.org/wiki/Equal_Credit_Opportunity_Act e: downvoters know I'm right ;) https://fred.stlouisfed.org/series/OEHRENWBSHNO https://i.imgur.com/kP8ugvH.png
You add nothing to the conversation. Make an actual argument. Are you saying that the legislation reduced the level of housing created? Are you saying that redlining increased housing stock? Are you saying that black people having equal access to credit made white people less likely to build houses? Linking to Wikipedia with a wink and a nod to racism is not an argument. Be explicit with your argument here.
Re: Why are used cars so expensive right now?
#46Earlier quoted context omitted.
Equities and real estate. Housing and cash flows never go out of style.
This is not quite correct. In high inflation credit markets disappear. 80%+ of housing is bought on mortgages. If 80% of housing demand disappears you get a 2008.
In high inflation environments, you want to lever up with debt to fund investments because your debt will be inflated away over time while you capture cash flow or asset appreciation. High yield debt (“junk bonds”) are also a great play for such a macro environment.
[1] https://en.wikipedia.org/wiki/No_income,_no_asset
(not investing advice, family members were involved with regulators and cleaning up doing put backs for deficient notes)
Re: Why are used cars so expensive right now?
#47Objectively just about everything is abnormally expensive right now. Not just in the USA, but also Canada and Australia that I know of. Maybe other places as well.
Re: Why are used cars so expensive right now?
#48So cars, wood + building supplies, labour, food, shipping all dramatically increased. What’s the best hedge against hyperinflation? Crypto? Ether?
Re: Why are used cars so expensive right now?
#49Re: Why are used cars so expensive right now?
#50Now's the time to sell a car if you have an extra to spare. One of the few times in history when cars actually appreciate. A car I bought for 53k 4 years ago I could've sold for 55k last week until I got cold feet. lol