Economic downturn has started

[lenny]

That is not the norm though. You can't just kick up outliers as if they are typical, they are not.

I doubt those are typical of the rates of SP's in the GS.

I'm skeptical about the OP's guess re prices, but over time perhaps we're seeing more value or bang for our buck, in that SP's are offering
more for the dollar than before, e.g. better service, BBBJ's, etc. From a recent post on MERB:

I have seen over the last 10 years an increase in risky behaviors where now BBBJ and CIM is standard or maybe expected. I can only assume that BBFS has also
increased, these people asking for it must be getting it someplace to want to expect it.

I am starting to worry that BBBJ with or without CIM being so common there is a significant chance of there being some sort of STD epidemic, Clap or something

Maybe the BBBJ isnt worth it. These girls doing this are taking a significant risk of getting an STD and then spreading it.

So if you want low risk then use a condom for everything.

With economic harder times coming to Canada one could expect to see more women become SP's & more rates that undercut
what has been the norm. The examples from the GS may be instances of this & the tip of the iceburg of what is to come.

 

[DavidMR]

http://www.imf.org/external/pubs/ft/weo/2012/01/index.htm

Good source!

I think we might be on the verge of an asset bubble bursting in the Vancovuer, and to some degree Toronto, RE markets. That probably will have some dampening effect on the regional economy in those cities as people reduce consumption given a decline in their wealth.

 

[Tugela]

I doubt those are typical of the rates of SP's in the GS.

I'm skeptical about the OP's guess re prices, but over time perhaps we're seeing more value or bang for our buck, in that SP's are offering
more for the dollar than before, e.g. better service, BBBJ's, etc. From a recent post on MERB:



With economic harder times coming to Canada one could expect to see more women become SP's & more rates that undercut
what has been the norm. The examples from the GS may be instances of this & the tip of the iceburg of what is to come.

That is not really the point. You are talking about the women who mostly are survival SPs. The ones who make this their profession, which would probably include most of the higher end ladies, are still going to be setting expectations regarding how many clients they are willing to see and what sort of lifestyle they expect to derive from their profession. For it to be "worthwhile" to those ladies, the minimum is going to be about $250 going up to $300 an hour. if they can't get that then those women would do something else to earn a living. When times are good there will be more women doing that, when they are not so good, there will be fewer.

Bad times will see a flood of part timers in the lower end of the market, but that is a different market segment.

If you took SPs as a whole, it might seem like the price is going down but what is really happening would be that the higher end escort market is shrinking and the lower end SW/part-timer market is growing.

 

[Tugela]

Good source!

I think we might be on the verge of an asset bubble bursting in the Vancovuer, and to some degree Toronto, RE markets. That probably will have some dampening effect on the regional economy in those cities as people reduce consumption given a decline in their wealth.

Anyone with large liabilities and half a brain would be trying to find a soft exit from that situation, because the long term situation is pretty risky for them.

 

[kickback]

No soft landings when bubbles burst and the smart money got out 6 months ago during the bidding wars for real estate.

We'll see what happens with SP prices. Lots of good points made here but supply, demand and price work in all markets unless the government gets involved like Amsterdam.

 

[lenny]

That is not really the point. You are talking about the women who mostly are survival SPs. The ones who make this their profession, which would probably include most of the higher end ladies, are still going to be setting expectations regarding how many clients they are willing to see and what sort of lifestyle they expect to derive from their profession. For it to be "worthwhile" to those ladies, the minimum is going to be about $250 going up to $300 an hour. if they can't get that then those women would do something else to earn a living. When times are good there will be more women doing that, when they are not so good, there will be fewer.

Bad times will see a flood of part timers in the lower end of the market, but that is a different market segment.

If you took SPs as a whole, it might seem like the price is going down but what is really happening would be that the higher end escort market is shrinking and the lower end SW/part-timer market is growing.

I am talking about women who prefer to work as SP's rather than flip burgers for $7 an hour (or whatever the present minimum wage is)
or prefer not to live off of welfare because they can't even get hired at Burger King or a similar low wage job. Or prefer not to live on the
street since they cannot even get welfare. I'm sure this would include some (or many) SP's in the higher donation bracket as well as
those who work in all the medium and lower donation levels.

Somehow i doubt all SPs making 250-300 dollars/hr session are going to settle for a $10/hr job given the choice between that & cutting
her rate down to 150-240. I suggest many would not even settle for a significantly higher wage, like $20-30/hr, considering the huge
difference between that and 150-240/hr.

 

[lenny]

You know, I could see the majority of those SP's taking a slight paycut and becoming a waitress at a trendy restaurant. Those girls can make hundreds of dollars in tips for 4 hours of work on a weekend.

That could well be. It would depend on a number of factors, such as how much the individual values being an independent business woman
rather than having a boss, how much the SP loves her work (is she a nympho) & customers, if she would feel comfortable working in a
public place after being an SP, etc. Another factor would be the availablility of such type of jobs as you describe in an "economic downturn"
(past, present or future). Not all SP's would qualify for such a position or beat out the competition. As a manager of a "trendy" restaurant
i might want to hire a very hot young lady that would attract customers as well as be energetic, competent, etc.

The basic premise of an "economic downturn", i guess, is that such positions will be harder to obtain, resulting in more people feeling
that working as an SP is their only option to make a decent living. Furthermore, many clients of SP's wish to (or have to) spend less
during such times. Coupled together this creates a situation where the market (laws of supply and demand) obtains lower prices (e.g.
Georgia Straight offerings mentioned earlier, & items the OP referred to).

 

[billa69]

That is not really the point. You are talking about the women who mostly are survival SPs. The ones who make this their profession, which would probably include most of the higher end ladies, are still going to be setting expectations regarding how many clients they are willing to see and what sort of lifestyle they expect to derive from their profession. For it to be "worthwhile" to those ladies, the minimum is going to be about $250 going up to $300 an hour. if they can't get that then those women would do something else to earn a living. When times are good there will be more women doing that, when they are not so good, there will be fewer.

Bad times will see a flood of part timers in the lower end of the market, but that is a different market segment.

If you took SPs as a whole, it might seem like the price is going down but what is really happening would be that the higher end escort market is shrinking and the lower end SW/part-timer market is growing.

The question is what else these higher end ladies will be doing to make that kind of money?

 

[billa69]

I don't want to offend any of these ladies but I don't think they have a back up career in mind or even the qualifications to attain a non-sex industry job which will pay anything close to what they earn per hour (250-500).

A lot of people mention that they will quit this industry if they cant compete but from an economic point of view it is only worth it for them to quit only if the opportunity cost is higher or even equal to to the wage they earn if they dont quit. So let us say, a SP here is forced to lower her rates from 300 to 200 due to increased competition or low clientele (assuming the clientele is affected by economic downturn as well). The only way it would make sense for them to quit is if they find an alternative job which pays equal or more than 200 an hour. And with the economic downturn already in place it would be even harder for them to get a job which pays even quarter of that pay. Also from my experience most of the university educated multiple degree-holder SPs here have degrees related to humanities which is pretty much the most useless degree (job wise) you can get from the university.

 

[sevenofnine]

the economy has been cracking for years.
governements are keeping it going with low interst and capital spending and bail outs.

the states, look at gm and chrysler and the banks, massive government bailouts.
i was just down in the state for a holiday.
dpends where you go how the enonomy is.
parts of the states have huge military bases, which helps the economy, others have oil that is picking up.
others its very slow, its a mixed bag really.

i kind of think its like me, i mean some one comes to my door to sell me something i have everything there is nothing i need. i think most people are in the same boat we have it all, and we can't justify throwing out a perfectly good tv to get one a few inches bigger or whatever,
that is why the economy is slow we have it all. nothing i need to have that i don't

the real economic future is in south america they have very little and finaly getting some money to buy the things we take for granted, south america parts of asia india they are the enomomic future or the bright spot.

 

[Pocket_Pool]

I started my business in 2008 right before the meltdown! And im doing pretty good in this 'bad economic times'. The best SP's will stay afloat and even rise up and fly. While the so-so Sp's will sink. When you do a good job (just like my business) you keep people coming back, no matter the cost.

 

[kickback]

"no matter the cost"...doubt that unless you have something so rare and no competition.

 

[kickback]

Peaceguy you are bang on dude:thumb:

 

[kickback]

Home prices are crashing

The problem with what you said is I could easily point to people saying the exact same thing six months ago. And a year ago. And two years ago.

I bought my second home - I mean I sold my original place, bought a new place - about 2 years ago on a big upswing in the Vancouver marketplace. All my friends said I had the worst timing. That the bubble was about to burst, I bought at peak, etc. Ironically I got the same speil from my Toronto friends when I bought my first home about 7 years ago. I sold my first one for a near 100% profit on the price I paid, including the mortgage costs. Now my new place is valued at around 25% more than I paid for it 2 years ago (I bought in an up and coming area in Vancouver).

Anyway I am off track here. What you typed? I could point you to places like what would dyler durden do, or to various gold and silver investment sites where people wrote almost exactly what you did, including the six month thing, a year ago, two years ago, five years ago.

2008 was the only time these people got it sort of right. And even then, smart money recovered QUICKLY.

Listings have risen, demand has fallen and now prices are dropping. How do you feel about real estate now?

 

[sevenofnine]

what the hell show was i watching this week

but they were talking a recession
i have been watching a lot of business news lately,
and most people are predicting some sort of major correction or crash,
the only question is when and how bad,
larry berman said it was going to happen this summer he missed that.

i kind of think its all being held together by duct tape
when it breaks its really going to break
but you know duct tape is pretty tough stuff so who knows

 

[westcoast555]

What is this "patch"?

Oil patch... Northern Alberta if you're Canadian, North Dakota if you're in the US.

 

[lenny]

I was surprised to read this the other day:

The Irish economy, banking industry, and property market have collapsed. The Irish construction industry, once responsible for feeding the Celtic Tiger, is all but insolvent. Real estate across the country is on offer for as little as 50 percent or less than what it sold for pre-2008, and prices continue to go down.

...In a market like this one, you can't pay any attention to list prices, and you shouldn't be afraid to offer half what's being asked.

http://ca.finance.yahoo.com/news/collapse-ireland-good-news-retirees-155810965.html

I wonder how the SP market there is doing as a result?

 

[sevenofnine]

It's been about 2 months since this thread was posted. Any change in rates?

if your talking about interest rates.
there not going anywhere anytime soon.
in the states i have heard at least two years out with no change

if you look at japan its been two decades now.
correct me if im wrong there but its been a hell of along time

just look at how much money everyone owes from governments down to the every day person, higher interest rates will kill the economy, stop it dead

 

[InnocentBoy]

I heard they are offering bbfs for a meal, you should report back.

I was surprised to read this the other day:




http://ca.finance.yahoo.com/news/collapse-ireland-good-news-retirees-155810965.html

I wonder how the SP market there is doing as a result?

 

[lenny]

I heard they are offering bbfs for a meal, you should report back.

I'm always in favor of making "donations" to the "hungry" of this world.

http://xhamster.com/movies/205978/b..._blonde_teen_sucking_fucking_and_creamed.html