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Construction Demand and Supply

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rogstars - 20 Sep 2008 08:48 GMT
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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PeterD - 20 Sep 2008 13:42 GMT
>i want to find out like after a long recession

After? It ain't started yet.

>, the construction industry
>is now undergoing robust growth

That's news to many. Certainly not everywhere

>, with high demand for built products

Again, where?

>why must prices of built products be reined in?

Who's reining them in?

>and how can it be done

Get a saw, hammer and nails and start building?

>thx a bunch

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

Peter's Troll-o-Meter

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           O

(Pegged the needle!)
Matt Barrow - 20 Sep 2008 17:54 GMT
>>i want to find out like after a long recession
>
> After? It ain't started yet.

Given the lucidity and coherrence of his entire post, he doesn't understand
the terms, so...
PeterD - 20 Sep 2008 21:10 GMT
>>>i want to find out like after a long recession
>>
>> After? It ain't started yet.
>
>Given the lucidity and coherrence of his entire post, he doesn't understand
>the terms, so...

<gb>
hawgeye - 20 Sep 2008 14:29 GMT
> i want to find out like after a long recession, the construction industry
> is now undergoing robust growth, with high demand for built products
[quoted text clipped - 4 lines]
>
> thx a bunch

Another homework assignment?
Matt Barrow - 20 Sep 2008 17:54 GMT
>> i want to find out like after a long recession, the construction industry
>> is now undergoing robust growth, with high demand for built products
[quoted text clipped - 6 lines]
>
> Another homework assignment?

PoliSci?
rogstars - 21 Sep 2008 04:06 GMT
rogstars had written this in response to
http://www.thestuccocompany.com/construction/Re-Construction-Demand-and-Supply-1
5278-.htm

:

-------------------------------------

>> i want to find out like after a long recession, the construction
>> industry
[quoted text clipped - 6 lines]
>>
>> thx a bunch

> Another homework assignment?

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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Matt Barrow - 21 Sep 2008 09:01 GMT
> rogstars had written this in response to
> http://www.thestuccocompany.com/construction/Re-Construction-Demand-and-Supply-1
5278-.htm

[quoted text clipped - 29 lines]
>
> thx again

Ask your Econ 101 teacher.
hawgeye - 21 Sep 2008 12:42 GMT
> rogstars had written this in response to
> http://www.thestuccocompany.com/construction/Re-Construction-Demand-and-Supply-1
5278-.htm

[quoted text clipped - 29 lines]
>
> thx again

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.
Art - 21 Sep 2008 17:06 GMT
> 1) Why must prices of built products be reined in?

So everyone on welfare can afford the products.

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

Get the govt to step in and regulate things.

Then we can all be equally poor and equally miserable.

Signature

Art

PeterD - 21 Sep 2008 22:23 GMT
>let me rephrase
>
>its a question on construction demand and supply

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

>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?

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

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

Choose less expensive products?
Matt Barrow - 22 Sep 2008 02:32 GMT
>>let me rephrase
>>
[quoted text clipped - 16 lines]
>
> Choose less expensive products?

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).
rogstars - 22 Sep 2008 04:07 GMT
rogstars had written this in response to
http://www.thestuccocompany.com/construction/Re-Construction-Demand-and-Supply-1
5297-.htm

:

-------------------------------------

>>let me rephrase
>>
>>its a question on construction demand and supply

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

>>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?

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

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

> Choose less expensive products?

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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PeterD - 22 Sep 2008 15:04 GMT
>rogstars had written this in response to
>http://www.thestuccocompany.com/construction/Re-Construction-Demand-and-Supply-1
5297-.htm

[quoted text clipped - 25 lines]
>
>Lets say if its a capable government that reined in the prices.

Oxymoron... If the government was capable, it would not rein in
prices. That would amount to a market situation where the economic
factors do not balance. The governement would be telling suppliers to
sell at a given price without regard to their costs to produce the
products.

Some poorly thought out plans implemented tried this. In California
(USA) there was a similar situation where the government regulated the
consumer price for power (electricity). They did not (could not)
regulate the cost of the power to the utilities, which resulted in
utilities being forced to sell power for less than they paid for the
power. The final result was that for several years California suffered
from problems related to this very ill-advised price fixing!

>Why do they do that

They *should* never do that. To control one price, the government must
control *all* prices. That's socialism, and conflicts with the free
market principal employeed by virtually every country in the world.
The very few countries that don't use a free market economey are
easily spotted by their poor living conditions, lack of economic
growth, and lack of a future.

>and secondly how can it be done

Practically? It CANNOT be done. Period. They have to control all
prices, wages, and other factors. However *no* governement can control
all prices (anything imported cannot be controlled, the government has
no authority over external imported products, such as energy, and raw
materials). The government must also control wages too to be able to
do this, so the ending result will be identical as if they didn't
control anything: people still would not be able to always get what
they want!

Instead, a more free and open market place is the most viable
solution. At times prices may seem high to consumers, but at other
times they will be low. There will never be a parity between wages and
goods/materials.

In the real world, fully half of the people earn less than half the
mean income level.

>btw is rein's meaning similar to control/guide

We got that at the beginning... 'control' was what you were saying.
There is no such thing as 'guide' when it comes to governement
regulations!
Rick Samuel - 23 Sep 2008 04:31 GMT
> Instead, a more free and open market place is the most viable
> solution. At times prices may seem high to consumers, but at other
> times they will be low. There will never be a parity between wages and
> goods/materials.

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

                         High prices!
jloomis - 20 Sep 2008 16:54 GMT
Which Planet are you from?
jloomis
>i want to find out like after a long recession, the construction industry
> is now undergoing robust growth, with high demand for built products
[quoted text clipped - 13 lines]
> alt.building.construction - 14553 messages and counting!
> ##-----------------------------------------------##
 
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