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Nick Triesch Nick Triesch is offline
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Join Date: Sep 2010
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Two things,.....I notice that a lot of long time air cooled owners are now selling out because their cars are worth so much. To me this is sad because like a Southern California house once it is gone it is very hard to go back. A ton of people I know have sold their California home for $600,000 plus and move to a different state. But it is real hard to come back to California and buy again. Also, it seems to me that the sale of really nice expensive items including old Porsche cars reflects on the housing market. You may have noticed that the stock market is on fire. Homes are again selling in a few days for more than the asking price. In San Diego, one of our very high end watch shops told me that expensive watches ($5000-$100,000 really reflect the market. When the market goes south so do watch sales. Classic cars are the same. I don't think it is a bubble, just the market. Nick
Old 04-07-2015, 07:33 AM
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