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The answer to it being overcrowded is for prices to increase, which happens naturally over time. Things get less crowded and more profitable, more places can op
by pc86 2y ago
The answer to it being overcrowded is for prices to increase, which happens naturally over time. Things get less crowded and more profitable, more places can open up which pushes prices back down, which increases tourism, etc. etc. Eventually you find an equilibrium.
- jgeada 2y agoGreat for the rich tourists for which the destination is a choice, not so great for the people that actually live there. It is exactly this dynamic that causes so many locals to be anti-tourists.
- jncfhnb 2y agoRaising prices in a competitive market with many players is a prisoners dilemma and is not easy to do. The market has little pressure to solve for overcrowding.