polara71
Old Man with a Hat
I dont have to hunt for it. I am not a Monaco guy.......Again, if that were a Polara or it had buckets I would have had it. I have my hands full keeping track of all the 70 polara rags I can find.
It wasnt stupid...... Though I have been accused of being stupid more than once.
What is frustratig is the money isnt here for them to stay here.
You make a valid point Mark . Being in the business I have seen those kind of situations more than once. However, the guys with the 7000 sq ft house isnt interested in our cars. And those mortgages are closer to $3,500
I disagree somewhat with you on that Dave.......it's not so much that the $$ isn't here, it's that we have it tied up in a lot of diff places. for instance, you see that many of the Europeans do not have these ridiculous sized houses for only a few people to live in. I personally know a few people who have $2500+ mortgages and 2 new vehicles in the driveway, then they complain they can't afford anything........and whose fault is that? And these guys do not make a lot of $$, they have made themselves poor with their spending.
My guess is that they don't have quite the credit debt that we have either, but that's just a guess.
And we won't even get into the number of guys over here who would rather have 5-10 pieces of junk that they call cars than 1-2 nice drivers/showers.
I do not quite have the garage I want right now, but I am not willing to make myself poor over it. Of course, I don't have a car to put in it anyway, so that point is moot.
The average $$$ for a single family home in Germany is $325,000 USD...
So you disagree with selling outside the U.S.?forgot the ending - like sold a car outside north america
Have to totally disagree.Five yeas ago people could afford to buy even I could have bought......... Not now
Your kidding? What is the average here? Then it goes back to lack of money. Five yeas ago people could afford to buy even I could have bought......... Not now
Have to totally disagree.
People couldn't legitimately afford them back then but went ahead and did it anyway. THAT is why we are where we are today....
(Key word: Legitimately.
As in..
"Oh, I want in on all this - there ain't gonna be no bubble bursting")
Your kidding? What is the average here? Then it goes back to lack of money. Five yeas ago people could afford to buy even I could have bought......... Not now
Stan is exactly right. Fanny Mae and Freddy Mac were giving houses to ANYBODY that applied without any real proof of income to support paying for the mortgage. On top of that they gave them mortgages with tricky ARM interest rates that came back to bite them in the *** hard.