Re:Investors bought a record share of U.S. homes in 2021
by dahdum on Thursday February 17, 2022 @12:39PM
(#30376098)
Profit is a lagging indicator, you can't set your prices based on what supplies used to cost and expect to stay in business.
My local pizzeria had their best 2 years ever during the pandemic, yet they still raised their prices this year due to labor and supply cost. I can't really fault them for not wanting to lose a bunch of money this year to somehow make up for that.
My local pizzeria had their best 2 years ever during the pandemic, yet they still raised their prices this year due to labor and supply cost. I can't really fault them for not wanting to lose a bunch of money this year to somehow make up for that.