Construction Demand and Supply

i want to find out like after a long recession, the construction industry is now undergoing robust growth, with high demand for built products

why must prices of built products be reined in?

and how can it be done

thx a bunch

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Reply to
rogstars
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After? It ain't started yet.

That's news to many. Certainly not everywhere

Again, where?

Who's reining them in?

Get a saw, hammer and nails and start building?

Or are you suggesting that the prices in the market place be controlled? In that case, not bloody likely.

Peter's Troll-o-Meter

Not Troll Troll

0 1 2 3 4 5 6 7 8 9 10 / / / / / / / O

(Pegged the needle!)

Reply to
PeterD

Another homework assignment?

Reply to
hawgeye

Reply to
jloomis

Given the lucidity and coherrence of his entire post, he doesn't understand the terms, so...

Reply to
Matt Barrow

PoliSci?

Reply to
Matt Barrow

Reply to
PeterD

rogstars had written this in response to

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------------------------------------- hawgeye wrote:

yup, and i need help from experts so your comments are much appreciated!

let me rephrase

its a question on construction demand and supply with increase of construction demand leads to high prices of built products

so my questions are

1) Why must prices of built products be reined in?

2) How can prices of built products be reined in?

thx again

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Reply to
rogstars

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Ask your Econ 101 teacher.

Reply to
Matt Barrow

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You really should have paid more attention in class, then you wouldn't have to take the lazy and unreliable approach to having someone else do your work for you. Simple supply and demand should have been covered in the first week of any econ class.

Reply to
hawgeye

So everyone on welfare can afford the products.

Get the govt to step in and regulate things.

Then we can all be equally poor and equally miserable.

Reply to
Art

(Remember this above line, it is an important part of supply and demand.)

Reined in by whom? The buyer? Or some form of (ill-advised) regulatory body?

Choose less expensive products?

>
Reply to
PeterD

1) Lower the demand.

2) Increase the supply of materials and labor.

3) Decrease the amount of onerous regulation and requisite "paperwork" (that only goes to featherbed bureaucrats).
Reply to
Matt Barrow

rogstars had written this in response to

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------------------------------------- PeterD wrote:

Thx for your reply

Lets say if its a capable government that reined in the prices. Why do they do that

and secondly how can it be done

btw is rein's meaning similar to control/guide

thx

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Reply to
rogstars

There is one solution to high prices that ALWAYS brings the price down.

High prices!

Reply to
Rick Samuel

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