My understanding is the wealth effect. As house prices cool or start to fall, people feel less wealthy/optimistic and defer buying a new car. Not sure if this is applicable to Money 3's customers who do not tend to be homeowners. Management indicate employment, price of petrol more an influence. If the economy weakens and people start losing their jobs then this would most likely have an effect
MNY Price at posting:
$2.04 Sentiment: None Disclosure: Not Held
