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@finlaydag33k
Often true and yet, it's something they can use — unlike money in a bank that they can spend on less things. They get a new car not with intent of selling it for more, but because in a year they might not be able to afford a better car and often even the same one — so why wait?
The question wasn't whether it's the optimal investment strategy, but why they do this — that's why. Inflation makes people give up their long-term plans 🤷
@Komnene @kaia