People Have Stopped Spending! - Repos Rise to Home Depot Sales Fall
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đźš— The car repossession crisis is hitting hard this year, with 10M calls expected! People are struggling to keep up with high-interest auto loans and inconsistent employment, leading to a surge in repo assignments. I break down the shocking numbers, discuss how this impacts the economy, and share the latest trends from the SEMA car show. Plus, hear about the struggles home improvement stores like Home Depot are facing, private equity acquisitions, and real estate insights across Vegas. Don't miss this jam-packed episode!
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Here are the links for the stories mentioned in this video:
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https://finance.yahoo.com/news/home-d...
https://abcnews.go.com/amp/Business/w...
https://www.yahoo.com/news/articles/u...
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