Maybe Not

by Gringo Viejo @, Kansas/Zihuatanejo, Thursday, August 03, 2017, 11:09 (414 days ago) @ ZihuaRob

And I would offer therein might lie one of the problems. Zihuatanejos that violate the laws of supply and demand. Yes, I have also observed the same thing: When lodging occupancy goes down or real estate doesn't sell then he price is raised. I have also heard it is OK to raise prices because higher prices are effective elsewhere. There is a reason higher prices are effective elsewhere: More of what the market wants is offered, yes, at a higher price but the customer thinks they are receiving value.Such practices are destined to fail, IMHO. Remember, this is an opinion.

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