Originally posted by jluv
View Post
Announcement
Collapse
No announcement yet.
Car > House = WTF??
Collapse
X
-
Sure, it would be odd, but it's funny how many people will jump to conclusions or pass judgement because of it.Originally posted by Denny View PostI think it's more of the imbalance, really. It would also raise an eyebrow if they had a $400K house and a raggidy-ass clunker, leaking oil all over the driveway and kids clothed in rags.
Comment
-
I can dig that, but I think it really boils down to depreciating assets vs. appreciating...Originally posted by jluv View PostIt doesn't bug me or really even seem that outlandish. So maybe having fancy living quarters doesn't do anything for them, but fancy vehicles is something that makes them very happy. It's not my style, but we're all different.
If you know they are doing something illegal, or causing a drain on the system, or not taking care of their kids, then that's one thing, but you can't get all of that from a picture.
We all have different things that make us happy, and they may not understand yours anymore than you understand theirs.
Comment
-
I don't see how the rise in prices is sustainable. Incomes aren't growing, yet prices continue to skyrocket.Originally posted by sc281 View Post$52,000!!!!????






The C6 Vette I bought before selling it to buy my house cost only 24.5k!! And I was nervous as hell cause that was by far the most expensive thing I've ever tried to buy. (house excluded)
Cars sure are getting more expensive nowadays...
For years I would buy new, take the hit, and if I had to, roll in the negative balance so I could keep rolling. I finally dug out of that. It took some time to relearn, but I won't buy new out of principle.
Banks keep loaning to people that are willing to take on the debt, so I suppose prices will continue to rise.
Comment
-
Originally posted by Sean88gt View PostI don't see how the rise in prices is sustainable. Incomes aren't growing, yet prices continue to skyrocket.
For years I would buy new, take the hit, and if I had to, roll in the negative balance so I could keep rolling. I finally dug out of that. It took some time to relearn, but I won't buy new out of principle.
Banks keep loaning to people that are willing to take on the debt, so I suppose prices will continue to rise.
As long as it isn't me taking the hit, I guess I don't care.
Car payments suck anyway.
Heck, I'm looking at selling my pickup in a year and just driving a 95 Cherokee and banking the money that would've been spent on the car payment/insurance.
Comment
-
Same here. I've always been one to keep a vehicle long enough to get past the point of negative equity, though the last new car I bought was my '98 GT. Even still, I have no desire to buy new again until I have enough liquid assets to be able to pay a sizeable downpayment, and still have a good chunk left in the bank. There's just no sense in buying new, unless you've got money to burn.Originally posted by Sean88gt View PostI don't see how the rise in prices is sustainable. Incomes aren't growing, yet prices continue to skyrocket.
For years I would buy new, take the hit, and if I had to, roll in the negative balance so I could keep rolling. I finally dug out of that. It took some time to relearn, but I won't buy new out of principle.
Banks keep loaning to people that are willing to take on the debt, so I suppose prices will continue to rise.
"A fool and his money are quickly seperated."
Comment
-
I don't get the mindset either but without these people the economy would collapse, so let them spend. They spend money on useless shit produced by companies that I own parts of. So let them spend themselves into servitude. It is modern day slavery promoted by banks but if people are happy with it they should be able to do it, it is a free country.Originally posted by racrguyWhat's your beef with NPR, because their listeners are typically more informed than others?Originally posted by racrguyVoting is a constitutional right, overthrowing the government isn't.
Comment
-
But at some point it will become unsustainable. Unless they take a cap off of debt to income ratios.Originally posted by Broncojohnny View PostI don't get the mindset either but without these people the economy would collapse, so let them spend. They spend money on useless shit produced by companies that I own parts of. So let them spend themselves into servitude. It is modern day slavery promoted by banks but if people are happy with it they should be able to do it, it is a free country.
Comment
-
Ya, but believe it or not, a lot of people make it through life just fine without ever paying any attention to that kind of stuff.Originally posted by Cooter View PostI can dig that, but I think it really boils down to depreciating assets vs. appreciating...
Sometimes, ignorance is bliss.
Comment

Comment