I can confirm places like Texas and Florida have much worse auto loan rates due to higher delinquencies. Northern states have better rates.

One possible reason is we don’t salt our roads in winter. Salt causes tons of rust on vehicles, but here you’ll see 1990 Hondas still looking practically new. People seem to drive their beaters forever.

Great piece. Tech unionization is certainly one of the few paths to fighting this situation. Not just for internal developments at tech companies, but also for solidarity outside of work in building local resilience and contributing to FOSS projects.