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Asking about prices normalizing is a different concern than affordability or availability. Do you regularly buy AND sell, flip cars, or are you concerned about
by mcint 5y ago
Asking about prices normalizing is a different concern than affordability or availability. Do you regularly buy AND sell, flip cars, or are you concerned about regret after purchase when prices change?
Fortunately we have the market mechanism to fluidly adjust to this, weirdness can just flow through the system and cause trouble minorly and incrementally.
To address the question as asked:
Normalize? Welcome to weirding.
> What’s causing demand to be so high, and when might that go down, and what’s causing supply to be low, and when might that go up?
Geopolitical instability, from cutting back of American power projection, covid-19 slowdowns & supply-shock echoes, at least, all have a place. Hopefully global warming response movements, and walkable cities make the question less relevant.
When demand grows more, or inputs (including shipping) get cheaper (including more predictable, forecastable)