He talks a lot about cars costing more (and being better). But he neglects that cars (and houses) are financed. Financing a car decades ago was expensive. Yo

He talks a lot about cars costing more (and being better). But he neglects that cars (and houses) are financed. Financing a car decades ago was expensive. You are now paying the same monthly price for a better and more expensive car. Fewer of your dollars go to the bank for financing, because interest rates are so low, and more dollars go to the car maker. The same goes for a lot of people looking at housing sticker prices, and not the actual cost people are paying for houses. When you look at how cheap financing is today, a lot of the inflation of these goods declines, or evaporates entirely.