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Cars and Transportation
Reply to "Car Bubble about to Pop"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Guess OP doesn’t know what “bubble” means. [/quote] Enlighten us please. A bubble in most people’s minds means inflated prices that are not sustainable. What’s your definition?[/quote] In a bubble, prices rise because of speculation or irrational exuberance. The actual underlying value just isn’t there to sustain it. Car prices went up because actual demand exceeded actual supply. It’s just basic market behavior. Car prices will come down when supply levels equalize. Not just because speculators pull out. [/quote] It is artificial demand. WFH we need less not more cars [/quote]
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