Inflation - Topic

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Oct 19 2022 06:41am

Quote (RedFromWinter @ Oct 19 2022 07:22am)

Car sales buddies getting a growing trend of customers underwater on equity with no cash applying for cars finance (Florida and Arizona markets) Meanwhile new car production still way down. Going to be a great few years getting deals on secondhand product fools bought at inflated price.

Dealership inventory levels are beginning to rise.

RedFromWinter

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#172

Oct 19 2022 07:04am

Quote (SBD @ Oct 19 2022 07:38am)

I've been reading about the upcoming used car surplus that's going to hit the market. Not that I'm interested but I do have interest in recreational vehicles.

Quote (Santara @ Oct 19 2022 07:41am)

Dealership inventory levels are beginning to rise.

Hoping to scoop up some underwater millennials 4runner when time is right

Or a boomers side by side.

This post was edited by RedFromWinter on Oct 19 2022 07:13am

RedFromWinter

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#173

Oct 27 2022 01:53pm

Buckle up for at least two more years of negative wage growth unless you getting 10% merit increase annually ...

"The U.S. hit an annual inflation rate of 8.2% this month, while wages have only grown by 5%"

"Nearly half of Americans who earn more than $100,000 a year are just getting by"

"And despite efforts by the Federal Reserve to bring inflation down this year, high-profile economists including Johns Hopkins’s Steve Hanke and former Treasury Secretary Larry Summers have warned that high inflation will likely linger for two years or longer."

https://fortune.com/2022/10/25/inflation-outpaces-wage-growth-two-thirds-employed-americans-live-paycheck-to-paycheck-study/

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