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You know inflation is getting bad when you can sell a Harbor Freight welder for more than you paid a decade ago...



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Either that, or it has become a "collector's item."

honyock wrote: ↑Sat May 21, 2022 1:35 pm You know inflation is getting bad when you can sell a Harbor Freight welder for more than you paid a decade ago...



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Sheesh.

I could probably sell my car for what I paid for it 3 years ago.

Problem is, I would need another car.

Rollin Hand wrote: ↑Sun May 22, 2022 6:58 pm I could probably sell my car for what I paid for it 3 years ago.

Problem is, I would need another car.

That is what I tell the real estate agents who keep saying we can make big money selling our house now...

Best to wait ouy real estate if possible. It's going to come down.

Our neighbourhood had houses selling for massive amounts (the house we sold 3 years ago would have gone for almost double just befor XMas 2021). Now these massive amounts are slowly but as interest rates rise, they will drop faster.