Used Cars Are a Depreciating Asset, Right?

The global financial system is probably feels like sitting on a much solid, more solid foundation than it did 15 years ago. There used to be an old adage, well, used cars are safer than houses because you can sleep in your car, but you can't drive your house. But COVID changed that, right? You know, in COVID, there's nowhere to drive to. Now, what happened? Used cars, which are definitely a depreciating asset. We have the entire history of the used car market available to us by data. And so my model assumed that, you know, a 10 year old civic is worth less every month. First time in human history,