Not as great as it seems. The thing is, everyone’s retirement is tied to real-estate. The numbers my vary country by country, but nearly all pension funds and mutual funds have significant exposure to real-estate that is just ignoring the issue that those properties may become uninsurable. That’s before what happens due to the economic disruption of all those cities slowly, then at an increased velocity, relocating.
It’s not going to be pretty.
Sadly that’s not going to be BMW specific for much longer, they’re all taking a page out of that book. 2022 Hyundai, long story on how I managed to kill a single spark plug at 30k miles, but this time last year the part wasn’t listed anywhere. It was FORTY DOLLARS for a SINGLE plug from Hyundai. I’m sure there were alternates that would work but I wasn’t going to risk it over 40 bucks at that low mileage.