Yea like what? Why pay 50% more for a house or have a “market adjusted rate” on a used car. These assets are not worth leveraging that much for.
2008 saw the unprecedented approval of loans, but also there were a LOT of adjustable or variable rate mortgages. So as rates increased sharply, people all of a sudden were deep under water. At least here they still have low rates. even if it is on a higher priced house, their payments won’t be getting worse.
But yes housing prices are out of control. People are starting to feel it, and it could very quickly go wrong for people. People even have crazy high loans on used cars. Going to be very interesting how it plays out.
Saw a store selling a gallon of milk for $7. Was an “upscale” grocery store, but come on. Half a load of bread from the bakery was $8. Where is the other half of my bread?! I walked out
Aww beans!
I literally commented that one of my only wants was a top of X filter. Took em like 12 hours to get it in lmfao.
They could start selling tiers of battery quality which TBH sounds awful if they make the best battery life duration paywalled.