Quote:
Originally Posted by CincyJohn
I don't know what you are talking about. You set prices based upon what the market will bear.
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technically true. the market clearing price for a kilowatt of electricity in texas to heat a house after the snowstorms last year could technically have been a few thousand dollars per kw/hr, the market clearing price for a gallon of gas in new orleans before katrina hit could have been $50 per gallon, the market clearing price for someone to buy a chevy spark today might be $40k for certain individuals who can afford it or those who literally have no other option. all of this is true.
but lets not pretend that the sellers that care more about current market clearing price instead of the longer term relationship that businesses have with the communuties they serve arent short sighted and greedy. cause those communities who are forced in the moment to accept that kinda stuff will gladly see amd help those sellers close down the moment that market forces arent at their backs.
you absolutely cant have it both ways.
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