I generally agree with you about it the article and would have preferred more data, but I don’t think specific regulations are needed to understand that when th

I generally agree with you about it the article and would have preferred more data, but I don’t think specific regulations are needed to understand that when the rest of the world has 95% of the worldwide elevator market and North America carved itself out on an island with different regulations that limit the market for elevator equipment and replacement parts, the price will be higher and the supply with consequently be lower. If it is good enough for the entirety of the rest of the world I have a hard time thinking our regulations are doing anything but protecting entrenched local interests. I have elevators in a number of my buildings and I can tell you first hand that something is wrong with the market. Elevator technicians are no more highly trained than electricians or plumbers and yet their hourly rates exceed that of my Bay Street lawyer. Repairs are obscenely expensive.