40 Years In The Deserr
The Further Adventures of Matthew Saroff,
Itinerant Engineer
Monday, May 5, 2008
It Looks Like It's Happening With Cars Too
The down payment for cars has decreased, which means that people have less skin in the game, and so
defaults on car loans are rising
.
Between home, car, and college loans, I think that we may very see walk-aways skyrocketing through society.
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