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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Inflation...
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Rollin Hand
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I could probably sell my car for what I paid for it 3 years ago.
Problem is, I would need another car.
Problem is, I would need another car.
"I'm not a sore loser. It's just that I prefer to win, and when I don't, I get furious."
- Ron Swanson
- Ron Swanson
That is what I tell the real estate agents who keep saying we can make big money selling our house now...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.
10 years, 2 months, and 8 days of blissful ignorance ruined by that snake in the grass Major Tom.
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Rollin Hand
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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.
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.
"I'm not a sore loser. It's just that I prefer to win, and when I don't, I get furious."
- Ron Swanson
- Ron Swanson