Quote:
Originally Posted by anobserver
The scaling back of jobseeker and jobkeeper is happening but in the meantime the used car market is showing fewer cars advertised at higher prices.
Mortgage holidays have to end at some point. Initial reports suggest distressed mortgage rates are rising. What happens then? Do we see a big reversal as a whole bunch of cars come back onto the market to raise cash?
Very, very baffling.
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"Do we see a big reversal as a whole bunch of cars come back onto the market to raise cash?"
hey , i reckon that might happen, i was going to suggest it before, but a bit radical. but it makes sense to me, its being reported that foreclosures are going to be inevitable, and the recession effects on house hold spending.