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I am not surprised. For working people in lower income scale, there are 2 things the need. An apartment and an auto. Prices for these, prices are raising much
by jmclnx 2y ago
I am not surprised. For working people in lower income scale, there are 2 things the need. An apartment and an auto.
Prices for these, prices are raising much faster than inflation and their wages, so yes. My only surprise is 39% seems a bit low.
- xnx 2y agoPrices are still elevated, but used car prices have been dropping for ~2 years: https://site.manheim.com/en/services/consulting/used-vehicle-value-index.html https://site.manheim.com/en/services/consulting/used-vehicle...
- bravetraveler 2y agoThey got truly absurd during the worst of COVID19. I bought a used car, drove it for two years, and could have sold it for a profit Slowly returning to normal, not particularly marked savings. If I were to sell now I'd be roughly even