We talk about supply and demand

Bretrick

Well-known Member
Always when this is spoken about it is to justify price rises.
Is it so the producers can continue to make their usual profits?
There are fewer places to rent, why does that justify landlords hiking rents, 10,15, 20%?
If there are fewer cars making it to the market, why does it mean that the prices for those that are available have to be so much more expensive?
Can someone explain to me this price gouging that is going on?
 

In my my jurisdiction ( The Canadian Province of Ontario ) the maximum allowable rent increase for 2023 is 2,2 percent. Yes we have rent controls here. AS for the price of cars, you are not under any pressure to buy. Make do and spend lees. We drive a long paid for 2012 Sonic, with just 48,000 miles on it. We drive less than 5000 miles a year so this will be the last car we will buy. You complain about "price gouging ". It seems to me that if you don't buy, the price is a non issue. JImB.
 
With inflation everyone is hit, manufacturers are hit with wage/salary increases, etc, etc, it goes right up and down the line.....no-one emerges unscathed.
 


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