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I think the classic bike/car bubble is about to burst very shortly and all the chancers selling their 'ground up restorations' will get burnt. The extremely low historical interest rates are now on the rise with another 0.25% rise only today. 'investors' have been putting their money into tangible assets such as cars and motorcycles which unlike art are not subject to gains tax when sold on so a bit of a winner if you have a shed load of cash and getting next to no interest from the banks. Inflation is now raging virtually out of control worldwide and wages can't keep up. The way it's shaping up the investors will soon be offloading their tangible assets to pay their increasing bills, the rest of it will be invested in the bank's now the interest rates are creeping up.I witnessed as probably many others did on the forum the same in the late 80’s, late 90’s and 2008.Hold on and grab a bargain!
Quote from: Laverda Dave on March 17, 2022, 08:53:06 PMI think the classic bike/car bubble is about to burst very shortly and all the chancers selling their 'ground up restorations' will get burnt. The extremely low historical interest rates are now on the rise with another 0.25% rise only today. 'investors' have been putting their money into tangible assets such as cars and motorcycles which unlike art are not subject to gains tax when sold on so a bit of a winner if you have a shed load of cash and getting next to no interest from the banks. Inflation is now raging virtually out of control worldwide and wages can't keep up. The way it's shaping up the investors will soon be offloading their tangible assets to pay their increasing bills, the rest of it will be invested in the bank's now the interest rates are creeping up.I witnessed as probably many others did on the forum the same in the late 80’s, late 90’s and 2008.Hold on and grab a bargain!Are you saying that, i have just spent £6K restoring a UK CB500K0 and i will have to sell if for £3k :'( Where did i go wrong
A look at the Sandcast Only forum’s statistics suggest that the peak-time was 2010-2012 or so; nowadays the forum is rather quiet.