When will SP rates fall like the loonie and barrel of oil?

[lenny]

Quote:

"The loonie has been free falling and closed at below 80 cents.

Oil prices have been tumbling.

But SP rates seem to be holding steady at about $200 along with delivery fee extras to offset the "high" price of gas.

It might be wishful thinking but if gas can be under a dollar then SPs rates can be back to $160.

This industry can't be that bullet proof to how the economy is going."


https://merb.cc/vbulletin/showthrea...-rates-fall-like-the-loonie-and-barrel-of-oil

 

[UhOh]

Are you paying them for sex or for their fracking advice? The first one isn't tied to the price of oil, unless you live in Fort Mac

 

[hornygandalf]

So, yes, you will probably see this happen once you also see cost of renting a place dropping significantly, as well as a reduction in the cost of food and other expenses... and everyone has also had their salaries/wages reduced as well.

Somehow, I think this will only be happening in a period of major deflation and economic depression. And that is not something I would be hoping for.

 

[Five-Guns-West]

An economist would probably categorize prostitution activities as a type of luxury good.

For the most part, demand for luxury goods is proportionate to disposable income of the income earner. Drop in oil and mineral prices were followed by Bank of Canada drop in interest rates. I speculate that drop was because of the anticipation of loss of employment to come in the future, so dropping interest rates were to stimulate consumer demand as a bulwark against loss of jobs (presumably due to drop in oil and mineral prices).

The forecast is that Bank of Canada will drop rates again because the lender banks did not follow suit. Further forecast into the future signal yet more rate drops, I would presume that we may see deflation coming - price drops because demand falls because employment falls. I think for the prostitution industry, we should see drop in prices or at least competition in terms of service levels being higher/riskier.

There is however, something called the "Giffen Good", which is a product where demand increases as price increases. This is something that is rare, and it is a good that generally is seen as worth more because it is priced higher. Very few girls are Giffen Goods, though it seems to me that many more think of themselves that way than they truly are. The market is the great equalizer.

 

[Five-Guns-West]

Rah rah rah. So true! And if the rates start to fall for whatever reason? Well I already know girls who are going to OZ and lots of girls who are quitting. So I doubt you'll see a drop in rates, you'll just see a drop in selection.

I don't think you'll see a drop in selection. I think you'll see more girls enter the market because the forecast for the economy is downright gloomy, and furthermore unemployment is expected to rise significantly. There's nothing like earning cold hard cash that is without forcible reporting of income for tax purposes, even if that amount were to drop from an average of $200 per hour to $150 per hour. It sure beats working at Starbucks, and many girls know this, don't they. And how many females do you know who can work a lifetime in a career and ever achieve even $100 per hour? The recession is world wide - going to OZ is not going to make a lot of sense because there is still the airfare required to get you there only to find prospects were not as good as before. And it is seen in Eastern Europe, the weaker the economy, the more prostitution.

 

[Claire Monet]

There is however, something called the "Giffen Good", which is a product where demand increases as price increases. This is something that is rare, and it is a good that generally is seen as worth more because it is priced higher. Very few girls are Giffen Goods, though it seems to me that many more think of themselves that way than they truly are. The market is the great equalizer.

I wish more guys would provide their board handle when booking to give me the opportunity to reject them based on their stinky attitudes. But I'm probably a non-Giffen Good to this guy anyways and am not worthy.

Moving along to the amazing gents who appreciate me...

 

[Five-Guns-West]

I wish more guys would provide their board handle when booking to give me the opportunity to reject them based on their stinky attitudes. But I'm probably a non-Giffen Good to this guy anyways and am not worthy.

Moving along to the amazing gents who appreciate me...

It's not attitude, it's reality and sometimes the truth hurts.

By the way, I see your rate at $300. Why don't you test the assumption and increase your rate to $400? I wager that in this economy and how you compare to the rest of the market, you won't see a drop in demand.

 

[tokugawa]

When will SP rates fall like the loonie and barrel of oil?

When rude indifferent service exist no more in Chinese restaurants like Congee House on Vancouver's east side.

 

[clu]

Basic needs never fall out of favour, like food and shelter.

 

[Man in Submission]

Wow, this subject hasn't been done to death has it? :violin::deadhorse:

 

[UhOh]

Basic needs never fall out of favour, like food and shelter.

Well the US did have that housing crash

 

[way.tomuch]

Its REALLY..... REALLY ....... simple... if u don't wanna pay the price move on .... Walmarts 1 block over ( way ya go )

If a SP aint worth 200h, I don't want her ....

 

[P3t3rp4n]

Established SPs will never ever ever have to lower their price or offer a discount, if you dont want to pay their rates just look for a cheaper alternative, that is the best thing about the lower mainland everything is out here

 

[Moderator-1]

The moderation team is still waiting to read something of value to the Perb community in their thread,

 

[rick hunter]

There might be a slight drop in prices but probably the effect will be bigger in Alberta especially in places like Fort Mac. SP are like luxury goods, people are still willing to buy the goods/services. The market will decide for them if they should lower their prices or not. More likely if revenue is falling off they will decide to have a "special/sale" to drive demand like any business.

Look at Aimee Angel, she went from $250 to $300 and is now back to $270.

 

[morementum]

Supply and demand. The demand can dry up a lot quicker than people think but the supply is not a typical commodity as it not only poorly organized, it is intra-competitive which, in turn, also caps rates.

In general, it has been demonstrated around the world that when economies are weaker more supply of this sort pops up and, as such, the overall price tends to drop. However, established entities with set regulars will not likely see that much impact if any at all. As the economy is anything but robust and the outlook is rocky, the median price may indeed start to fall.

Finally, to whomever posted "I thought we were not going to talk about rates". Really?! An escort review board that doesn't talk about rates. Wow. How on earth is that useful for the guys?

 

[rick hunter]

Supply and demand. The demand can dry up a lot quicker than people think but the supply is not a typical commodity as it not only poorly organized, it is intra-competitive which, in turn, also caps rates.

In general, it has been demonstrated around the world that when economies are weaker more supply of this sort pops up and, as such, the overall price tends to drop. However, established entities with set regulars will not likely see that much impact if any at all. As the economy is anything but robust and the outlook is rocky, the median price may indeed start to fall.

Finally, to whomever posted "I thought we were not going to talk about rates". Really?! An escort review board that doesn't talk about rates. Wow. How on earth is that useful for the guys?

Maybe in Alberta but there isn't a lot of oil being drilled in the Lower Mainland/B.C. The money that people are saving at the pump might be used to see 1 more or higher end sp. With the low dollar tourism and filming in B.C. should pick up quite a bit.

 

[clu]

Honestly this thread isn't making a lot of sense. Do restaurant prices drop when the dollar weakens? Are you, Lenny, expecting a salary cut now because of slack oil prices? We're not talking international commodities here.

IMHO C-36 paranoia is more likely to have an impact, solidifying the demand for established, professional, reputable, discreet providers. What they offer is just as valuable as ever, likely more.

 

[summerbreeze]

oil is down because of over production

US dollar is up because their economy is strengthening and they are not doing anything to weaken their currency like most nations are to stimulate exports

Canadian dollar off as commodities drop in price and consumption, copper price, oil, gas, etc it reflects a drop in GDP

SP supply and demand looks to have stayed pretty much the same however no stats available

Consumption might have dropped a bit with the new law in effect which might put some downward pressure on the mid and low range SP, doubt if the higher end would be effected much, not in the nature for those providers to discount, they would just absorb the lower volume

 

[xraytext]

oil is down because of over production

US dollar is up because their economy is strengthening and they are not doing anything to weaken their currency like most nations are to stimulate exports

Canadian dollar off as commodities drop in price and consumption, copper price, oil, gas, etc it reflects a drop in GDP

SP supply and demand looks to have stayed pretty much the same however no stats available

Consumption might have dropped a bit with the new law in effect which might put some downward pressure on the mid and low range SP, doubt if the higher end would be effected much, not in the nature for those providers to discount, they would just absorb the lower volume

Brava!:clap2: