Re:Ask HN: What is the next bubble in your opinion?
by bdcravens on Wednesday January 18, 2017 @10:35PM
(#13432766)
I'm sure you know you are the exception. About 85% of all new vehicles are purchased on credit; the US is approaching $1T in auto loan debt.
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Re:Ask HN: What is the next bubble in your opinion?
by stephancoral on Thursday January 19, 2017 @12:51AM
(#13433389)
1.1 trillion, a number that actually surprised me. According to this article, auto loans are "the second-fastest growing consumer debt market" http://www.huffingtonpost.com/allan-smith/the-us-auto-loan-d...