Good analysis. Joyful to watch. High prices are stickier than expected but it will go down to normal eventually. And hold on to your luxury vehicles and EVs if you stuck with them. Once rates goes down, and people become optimistic about their future and careers, the demand will increase for them . Let the fearful folks to purchase Corollas and Camrys for huge prices. Obviously decide what is best for your budget and family. The worst is the job loss, and they are a lot of people who are scared from the layoffs. This is understandable, but hopefully the worst has passed. Rates will go down starting next year.
i love that spit take!
Good analysis. Joyful to watch. High prices are stickier than expected but it will go down to normal eventually.
And hold on to your luxury vehicles and EVs if you stuck with them. Once rates goes down, and people become optimistic about their future and careers, the demand will increase for them .
Let the fearful folks to purchase Corollas and Camrys for huge prices.
Obviously decide what is best for your budget and family. The worst is the job loss, and they are a lot of people who are scared from the layoffs. This is understandable, but hopefully the worst has passed. Rates will go down starting next year.
Hey thanks for the kind words.