Quote:
Originally Posted by best view
Don’t worry the bubble will burst like the housing will ,i was around when jimmy was president
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Yep. Not many remember the late 70s/early 80s, when many over spenders and speculators had to sell off all their “Toys”. (Sports cars, Hot rods, 4wd Trucks, boats, snowmobiles,…..)
It’ll start with a fair amount at the “What I’ve got into it” price. As the economy gets worse, more and more Toys will come up for sale. Too many will be put out into the “I’m gonna fix it up one day” category, and this is a shame. I’ll be waiting for this and as time goes on, the buyer will be able set the price, as long as you have the cash. “Cash on the Barrelhead”will dictate the “Used Toy” market in the near future, just like before when people were dumping the “Gas Guzzlers” then.