crazy prices on SD's
Cargo Master
Joined: Oct 2005
Posts: 2,866
Likes: 515
From: WNY
Correction?
Welcome to th new economy, and it’s not changing. In fact, it’s on fire right now.
Dow is at 35,000. Those who invested, own a lot of money, and are in control of costs right now, and it’s not going to change.
Real estate in Naples Florida is so crazy, home prices have at least doubled in a year.
A friend of mine bought a new semi custom home in an upscale community for 1M two years ago. His realitor wanted to show it to prospective clients to sell another new one because of its unique lanai. Even though his house was not for sale, the Canadians looking at his home offered 3m on the spot to sell.
He declined.
Nice profit for sure, but where do you go and how much to replace and how long do you wait to replace it?
Those out there who have money, have a lot of it due to stock market gains, and they are spending, along with an economy that’s cruising right now.
Welcome to th new economy, and it’s not changing. In fact, it’s on fire right now.
Dow is at 35,000. Those who invested, own a lot of money, and are in control of costs right now, and it’s not going to change.
Real estate in Naples Florida is so crazy, home prices have at least doubled in a year.
A friend of mine bought a new semi custom home in an upscale community for 1M two years ago. His realitor wanted to show it to prospective clients to sell another new one because of its unique lanai. Even though his house was not for sale, the Canadians looking at his home offered 3m on the spot to sell.
He declined.
Nice profit for sure, but where do you go and how much to replace and how long do you wait to replace it?
Those out there who have money, have a lot of it due to stock market gains, and they are spending, along with an economy that’s cruising right now.
Mountain Pass
Joined: Oct 2021
Posts: 175
Likes: 57
From: Metro Detroit
The economy is trash - it’s overly inflated. Homes, cars, gas, food, and any retail product. Very low labor participation rates. Can’t get any workers anywhere (I own a small business). Even at 20 bucks an hour to start to do menial labor.
This economy needs a correction. The housing market is going to be the 1st to go down. With 4.5 million homes in pre-foreclosure (September), when the eviction moratorium expired. Wait till the end of the year and tell me how the housing market is? It’s not going be bad like is was in 2008-2012. But prices will come down. Stock market is hot, has been hot. But there’s going to be a huge sell off at some point. People need to start losing their stuff and things will get equalized. Too much money was sent out by the fed. I’m not saying it didn’t need to happen. But it just went on for too long.
By the end of this year or in 2023, a recession is coming. Just look at all the economic forecasts. That should and will correct things.
Laughing Gas
Joined: Dec 2021
Posts: 757
Likes: 220
Where shall I start?
The economy is trash - it’s overly inflated. Homes, cars, gas, food, and any retail product. Very low labor participation rates. Can’t get any workers anywhere (I own a small business). Even at 20 bucks an hour to start to do menial labor.
This economy needs a correction. The housing market is going to be the 1st to go down. With 4.5 million homes in pre-foreclosure (September), when the eviction moratorium expired. Wait till the end of the year and tell me how the housing market is? It’s not going be bad like is was in 2008-2012. But prices will come down. Stock market is hot, has been hot. But there’s going to be a huge sell off at some point. People need to start losing their stuff and things will get equalized. Too much money was sent out by the fed. I’m not saying it didn’t need to happen. But it just went on for too long.
By the end of this year or in 2023, a recession is coming. Just look at all the economic forecasts. That should and will correct things.
The economy is trash - it’s overly inflated. Homes, cars, gas, food, and any retail product. Very low labor participation rates. Can’t get any workers anywhere (I own a small business). Even at 20 bucks an hour to start to do menial labor.
This economy needs a correction. The housing market is going to be the 1st to go down. With 4.5 million homes in pre-foreclosure (September), when the eviction moratorium expired. Wait till the end of the year and tell me how the housing market is? It’s not going be bad like is was in 2008-2012. But prices will come down. Stock market is hot, has been hot. But there’s going to be a huge sell off at some point. People need to start losing their stuff and things will get equalized. Too much money was sent out by the fed. I’m not saying it didn’t need to happen. But it just went on for too long.
By the end of this year or in 2023, a recession is coming. Just look at all the economic forecasts. That should and will correct things.
Regardless that's a debate for another thread. The simple fact is that if you have cash injected into the economy (via stimulus checks, extended unemployment benefits, minimum wage increases) then you will great upward pressure on prices. We're seeing it happen very quickly right now though. There's a reason why things generally never go down in price. You won't ever be able to buy a brand new car for $5k.
I'm glad I ordered my 350 when I did. Maybe over the next years prices for new cars will come down a bit, but I'd bet that you'll see those stay the same and used vehicle prices revert back to their normal relationship to new car prices. So overall you're looking at higher prices going forward.
Mountain Pass
Joined: Oct 2021
Posts: 175
Likes: 57
From: Metro Detroit
So you're talking about killing the demand? That's not a solution.
Regardless that's a debate for another thread. The simple fact is that if you have cash injected into the economy (via stimulus checks, extended unemployment benefits, minimum wage increases) then you will great upward pressure on prices. We're seeing it happen very quickly right now though. There's a reason why things generally never go down in price. You won't ever be able to buy a brand new car for $5k.
I'm glad I ordered my 350 when I did. Maybe over the next years prices for new cars will come down a bit, but I'd bet that you'll see those stay the same and used vehicle prices revert back to their normal relationship to new car prices. So overall you're looking at higher prices going forward.
Regardless that's a debate for another thread. The simple fact is that if you have cash injected into the economy (via stimulus checks, extended unemployment benefits, minimum wage increases) then you will great upward pressure on prices. We're seeing it happen very quickly right now though. There's a reason why things generally never go down in price. You won't ever be able to buy a brand new car for $5k.
I'm glad I ordered my 350 when I did. Maybe over the next years prices for new cars will come down a bit, but I'd bet that you'll see those stay the same and used vehicle prices revert back to their normal relationship to new car prices. So overall you're looking at higher prices going forward.
Mountain Pass
Joined: Oct 2021
Posts: 175
Likes: 57
From: Metro Detroit
It was on the base on how much a dealer was gouging prices. And how much there selling used cars for now. Just Inflation talk, it isn’t disrespectful to anyone.
FTE Stories
Ford Trucks for Ford Truck Enthusiasts
Top 6 Best Deals Available on New Fords & Lincolns Right Now
Brett Foote
This Hennessey Takes the Expedition Tremor's Off-Roading Capability to the Next Level
Verdad Gallardo
Top 10 Fords at 2026 Carlisle Ford Nationals
Joe Kucinski
3 Best / 3 Worst Parts of Modern Ford Ownership
Brett Foote
10 Amazing Upgrades That Solve Common Ford Truck Owner Headaches
Pouria Savadkouei
Every 2026 Ford Engine Explained
Brett Foote
10 Ugly Ford Trucks That We Still Kinda Love
Joe Kucinski
10 Things Every Truck Owner NEEDS (2026 Edition)
Michael S. Palmer
Rezvani's Latest Post-Apocalyptic Monster Is a Ford F-150 Raptor Underneath
Verdad Gallardo
FTE Leadership Emeritus
Joined: Sep 2000
Posts: 23,174
Likes: 1,679
From: Stephensville WI
They have been very respectful of opposing ideas and have not gone down the politics rabbit hole. The thread is loosely Super Duty related, so why would the moderators object?
Lead Driver
Joined: Dec 2020
Posts: 8,640
Likes: 2,435
I would have to agree with him. This is not the new normal, everything is inflated, and will eventually make a "correction"....that will be true of the stock market, housing market, automobile market.....not saying MSRP will decrease, but the crazy market adjustments will go away. Automobiles will go back to depreciating the day you drive off the lot. This is nothing new, we have seen it in the past(not the crazy car price). I purchased my home the last time it happened, for almost 50% less than the guy who bought it 1 year earlier. (And it's value continued to drop for another couple years)
Mountain Pass
Joined: Dec 2019
Posts: 208
Likes: 12
From: Rathdrum, ID
IDAHO is full and doesn't have anymore room, I heard Texas has lots of room for Californians.
Posting Guru
Joined: Feb 2018
Posts: 1,555
Likes: 516
No. All that is left in Texas is soggy landfills and putrid swamps. And all except for a couple weeks over winter, it is muggy and like 140-degrees..even at night. So, people from California should not move further east than New Mexico. Don't even get close to the border to have a better look. Deadly, I tell you.
Lead Driver
Joined: Dec 2020
Posts: 8,640
Likes: 2,435
No. All that is left in Texas is soggy landfills and putrid swamps. And all except for a couple weeks over winter, it is muggy and like 140-degrees..even at night. So, people from California should not move further east than New Mexico. Don't even get close to the border to have a better look. Deadly, I tell you.
Lol, we're coming to a city near you!
I understand the resentment towards Californian's for bringing the prices up in some places, at least that's what I hear, but aside from that I don't get it. The Californian's that I know who want to flee the state are doing so for the same reasons you all don't like the state.
Tuned
Joined: Jul 2020
Posts: 370
Likes: 87
Lol, we're coming to a city near you!
I understand the resentment towards Californian's for bringing the prices up in some places, at least that's what I hear, but aside from that I don't get it. The Californian's that I know who want to flee the state are doing so for the same reasons you all don't like the state.
I understand the resentment towards Californian's for bringing the prices up in some places, at least that's what I hear, but aside from that I don't get it. The Californian's that I know who want to flee the state are doing so for the same reasons you all don't like the state.
Cargo Master
Joined: Jul 2021
Posts: 2,970
Likes: 2,407
From: Ridgway, CO
Lol, we're coming to a city near you!
I understand the resentment towards Californian's for bringing the prices up in some places, at least that's what I hear, but aside from that I don't get it. The Californian's that I know who want to flee the state are doing so for the same reasons you all don't like the state.
I understand the resentment towards Californian's for bringing the prices up in some places, at least that's what I hear, but aside from that I don't get it. The Californian's that I know who want to flee the state are doing so for the same reasons you all don't like the state.
I doubt there is going to be a correction. In my area the 2008 recession caused stagnation but I never witnessed price drops, I seriously doubt we will this time either. I do think the used/new car market will eventually come back around but not until the supply of new vehicles comes WAY up.