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Wednesday, July 7, 2010

Taking a Cue From the Post Office

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.

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