Is there a car company that you can honestly say has NOT lost its way?

[Phillies8008]

Originally Posted by RM7

People don't seem to blink an eye when their property value is 2-3x higher than it was 20 years ago. When everything else catches up to that like cars and everyday goods they act surprised...

Because their property value isn't liquid cash. The fact that my house is worth much more than it was 20 years ago doesn't really help me until I sell it, whereas the cost of goods and services skyrocketing hurts me now.

[BlkGS]

Originally Posted by Phillies8008

Because their property value isn't liquid cash. The fact that my house is worth much more than it was 20 years ago doesn't really help me until I sell it, whereas the cost of goods and services skyrocketing hurts me now.

Moreover, what if you didn't buy housing 20-30 years ago? A lot of people loved through COVID and were basically proces out of the housing market by not owning property beforehand.

One of my absolute luckiest breaks is that when we moved in 2020 we found our home. We looked at houses for weeks and couldn't find anything we liked, and bought our house the day after it was listed. We literally had an application approved for a rental house and didn't yet sign the contract when it was listed. Had we not bought our house, we would have been basically priced out here, our home has nearly doubled in value in 5 years (really it happened in about 2-3).

[JABCAT]

Originally Posted by BlkGS

Moreover, what if you didn't buy housing 20-30 years ago? A lot of people loved through COVID and were basically proces out of the housing market by not owning property beforehand.

One of my absolute luckiest breaks is that when we moved in 2020 we found our home. We looked at houses for weeks and couldn't find anything we liked, and bought our house the day after it was listed. We literally had an application approved for a rental house and didn't yet sign the contract when it was listed. Had we not bought our house, we would have been basically priced out here, our home has nearly doubled in value in 5 years (really it happened in about 2-3).

Same here, but we purchased our current home in 2016. It's more than doubled in value in that time, and to get anything comparable in our area will cost 3x what we paid.

The flip of that which sucks is we're planning to sell in 2027 & to get anything comparable in the area to which we're moving will cost that same 3x what we paid. Yes we'll have a lot of equity, but psychologically paying 3x what we did to get the same thing we already have is not mathing in our heads.