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Old 07-28-2022, 02:23 PM
markinnaples markinnaples is offline
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I'm 55, so I guess I've been around a little while now - not nearly as long as some of you in here, and I respect that. To me, we're in a strange period that I don't think is the same as any time that I can remember. There's so, so much money out there and people are spending it fluidly. I'm not sure where it's all coming from, but it's there. Maybe people are inheriting it, maybe it's from the booming online economy over the last 10 years, but I don't know for sure. As long as there is a lot of money flowing, collector car prices will go up, even if it slows down and gains are more modest.
Interest rates rising will put a little of a damper on some sales since money isn't nearly as cheap as it was, and if the economy really tanks, so much so that there is a lot of job loss, that will really reign things in. Home prices are different, and a lot of that market is dependent on where you live. IMHO, strange, strange times.
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