> I don't really follow the argument. I don't think of my car as an "investment." In fact quite the opposite, I think of it as an extremely depreciatory purchase that is partly a necessary cost of living (...)
This means you'll end up not owning a car at all. Like with housing, those who look at it as investment game outcompete and drive up prices for those who just want a place to live in and call their own.
Except there needs to be natural demand and short enough supply. You’re viewing them like its early 2020 where people were buying up cars and selling them used at a marked up price somehow. People really be trying to treat everything as a profit nowadays
This means you'll end up not owning a car at all. Like with housing, those who look at it as investment game outcompete and drive up prices for those who just want a place to live in and call their own.