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.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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