Thread: The 911 Market
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aigel aigel is online now
Now in 993 land ...
 
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Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,891
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Unbelievable. I would not buy that car if it was 30k. YAWN!

BAT is crazy. Too many guys sitting at home bored getting into wallet racing. They added BAT shipping now too, so all you need to do is sit on a computer and buy your next toy to arrive a week later.

The Euro is going up ... or shall I say the dollar is going down ... that makes a difference. Also, in Europe negative interest is already happening. They don't call it that but your bank will charge you a fee proportional to your balance. Talking to folks, it looks to be about .5% per year currently.

In the US, unfortunately, like I have mentioned in other "this is crazy expensive" threads, such as housing, there is a ton of "I don't care" money around from stock, real estate, inheritance and not spending anything during a pandemic etc. and people love to buy tangible assets. I mean, would you rather buy a collector's car or bitcoin, which has zero intrinsic value? If the 911 market crashes, at least you still have a car to go drive and look at in your garage. I admit, I have "overpaid" for tangible items recently.
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Old 03-06-2021, 11:06 PM
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