Defying the Laws of Supply & Demand
The post office wants to increase the price of a stamp by 2 cents to 46 cents starting in January. The agency has been battered by losses and declining mail volume.
–“Postal Office Seeks 2-Cent Increase in Stamp Prices“; The NY Times (7/6/10)
Let’s see . . . the housing industry has also been battered by losses and declining volume.
Maybe home sellers should take a cue from the post office and raise their prices?!?
P.S.: Ditto for Realtors and their commissions, mortgage brokers, builders, remodelers, etc.
