2) I bet you could draw that same or even more extreme graph for new car prices.

How I know Politics is WAY too large a part of our economy? 

Rent a hot car at their airport.

Rental vacancy rates are among the lowest in the country (sub-1%), and state migration patterns (interstate and international) are ramping up.Regional vs Metro: The Nuances Within Perth Perth is not a monolith; it’s a network of vastly different sub-economies.

If the economy enters a recession, the Federal Reserve may respond by lowering interest rates to stimulate activity, potentially putting downward pressure on mortgage rates and easing affordability concerns.

Quote from @Anthony Sigala: Over the past ten years, I have not taken on any debt, and all of my cars and things have been purchased for cash.

I’ve actually seen a detached 2-car garage plus driveway extension run anywhere from ~$30K–$50K depending on concrete pricing, site work, and if you need to run utilities to it.

Car breaks down - use youtube videos to fix it yourself.Why hire contractors to work on your house - again, use youtube videos to save money and do it yourself!

Historically speaking they lose value really fast, require maintenance like a car or truck, and are not easy to rent to other people.

Plus, the economy is pretty strong.