If It Works for Mortgages, Why Not Car Loans?

Mark Cuban has a fun post asking why we should bail out underwater mortgages and not car loans:

You all do realize that anyone who buys a new car is UNDERWATER
the minute you sign the papers and drive off the lot ? That you get
further and further underwater every single day ? Maybe thats why so
few are  buying new cars ?  We havent instituted a bailout for their
underwater car loans.

1 thought on “If It Works for Mortgages, Why Not Car Loans?

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