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Obviously. But, are you expecting a 10% decrease in prices, or 0.5%? Why so defensive? I’m asking Because if it works, I’d like to sell the idea to skeptics.
by afpx 7y ago
Obviously. But, are you expecting a 10% decrease in prices, or 0.5%?
Why so defensive? I’m asking Because if it works, I’d like to sell the idea to skeptics. We all lean scientific here, right?
- pertymcpert 7y agoIt's not him/her being defensive, it's basic economics that shouldn't have to be explained...
- afpx 7y agoSometimes one has to understand intermediate economics .... For instance, in cases of inelastic demand and low liquidity (like housing), if prices are pegged at a maximum that buyers can pay, the actual equilibrium price could be much higher. In that case, a small amount of extra supply will not lower prices.