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>There's only so much supply for lawn care, so some rich people moving in increases demand, raising prices. Again, any real examples of this? Lawn care supply
by cmh89 4y ago
>There's only so much supply for lawn care, so some rich people moving in increases demand, raising prices.
Again, any real examples of this? Lawn care supply is not finite. As demand goes up, more people will enter that profession.
>r the sandwich shop, there's only so much commercial real estate available, so $15 sandwich shops increase demand for real estate in that location, raising rents, and making the cheap burger joints either raise prices to pay rent, or go under to make room for more boutique restaurants.
That's not really true. Cheaper food options are almost always more profitable than high-end places.
The whole argument seems like nonsense that sounds like it might be true if you haven't thought about it very long.