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Where I live you could buy a very decent RV for the equivalent of $100k. Hell even the $60k variant gets you quite a bit.
I'd much rather have that and be able to work "from home" from the south of Spain rather than drive a geometric shape.
I have spent less than that on my flat, and just about that on an older house.
car prices are insane.
Cars have become expensive, sure. But what I find crazy is people are so happy to take out huge loans on it.
You can buy a really nice and comfortable car for under €10k around here. Yet so many people have a car worth 2/3 of their gross annual income.
absolutely, I have a used car myself,I will probably never buy new.
People also way overspend on cars then complain that they don't have money