It seems like the guys who started this thread are so preoccupied with their finances that they forgot about escort industry and girls!
Let's get back to the subject.
Escort is a hobby, right? If times are hard, people cut extra expenses.
Well, for some hobbying is the last thing they will cut
, but for most this is a luxury, right?
In worst case scenario our hands are with us, right?
1) From what I read on MERB business travelers always been source of steady income for agencies. There will be less, probably much less, business trips to Montreal - companies will cut expenses.
2) Somebody suggested here that many hobbyist are well paid pro and they will not be hit. Well, I personally know three well-paid pros that already lost their jobs recently and so far they are still unemployed. And we are not even in recession yet officially!
Financial sector paid huge salaries and bonuses, and they fed the escort industry. They used to "live large" and borrowed a lot. Now many financial guys who easily paid $300-500 per hour for "elite SP" is scrabling to stay afloat.
3) I heard that Montreal officials said recently that although Quebec has 30% less American tourists than 3 years ago, more Europeans go to Montreal with their powerful euros. Well, now Europe is hit as hard as America, so Europeans won't be able to compensate the loss of American tourists.
Sure, there are many local hobbyists in Montreal, but not enough to feed all SPs in Montreal. Besides, locals are and will also feel financial pain.
4) Somebody here suggested the girls will go Toronto and other places where prices higher.
Well, I have news for you: Toronto is also located in Canada, not in the Moon!
The crisis is global, so there will be no place to escape. Calgary, Edmonton, Vancouver, "where all money is", as one girl put it, are also not on the Moon. Canada's economy based largely on commodities, and they were hit hard already.
Trips to America also won't be really profitable because of the crises.
5) I agree that we will see a flood of inexpensive indies that will push prices down.
Sum all of those factors up, and you will see prices have no way to go, but down: it is simple supply and demand rule.
I guess it is highly possible that hourly rates in good agencies will drop to $130-150 in the next year and rates for best indies will drop below $200.
In fact, we already can see it: Valery offers discounts, SexCity charges $160 for downtown, Devilish offers special discounts for members. I guess this is a smart move.