> Could that also be because people are living paycheck to paycheck and not buying things like houses and cars anymore? No. New car sales are currently bottlen

> Could that also be because people are living paycheck to paycheck and not buying things like houses and cars anymore? No. New car sales are currently bottlenecked by supply chain issues, not demand. Housing sale demand is dropping, but still very solid compared to inventory. At some point, this supply restriction becomes inflationary. If you can buy a new car and resell it a month later for more than you paid, the MSRP is below demand. Since consumers react poorly to price increases, this is also coupled by reduction in quality or service.