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A comment on Ask HN: When will car prices normalize?. Parent comment

Re:Ask HN: When will car prices normalize? by 88 on Thursday March 10, 2022 @11:56AM (#30629143)
> The vast majority of Americans are driving cars they can't afford.

How do you define whether someone can “afford” a car? Surely by definition the people can afford the cars, otherwise they would be repossessed?

If you mean they cannot afford to buy the cars outright, why is that an issue?

[ Parent | on HN ]
Re:Ask HN: When will car prices normalize? by nojito on Thursday March 10, 2022 @01:48PM (#30630795)
Just because you don't lose your house doesn't necessarily mean you can afford to keep it.

At a certain % of income, owning an asset doesn't make much sense due to how it affects your financial security.

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