Sex doesn’t sell: An old industry is in deep recession
- Thread starter BaronVonKinkazoid
- Start date
The post is from England where taxes and costs are extremely high now and for awhile. I have met people from there on my holidays and one family traveled from England to Mexico to get dental work done, the cost of their holiday ( for 4 ) plus dental was cheaper that the dental work alone in England. The costs are the same as ours here but instead of for example a beer for $5 it is 5 pounds there and the unemployment rate is very high and wages low. If an escort keeps her prices competitive and service good there should be no issue in making a decent living here.
Having just returned from Scotland for a family visit. Certain commodities are expensive. The Economist was quoting London Prices, for SP(s) In superMarkets beer and wine are Cheaper than Canada. 3 bottles for 10 uk pounds. ( 15$ ) Basic foods were cheaper Glasgow SP were competitive 100 uk pnd full service one hour (160 $) ( Not that I had time to indulge ) Gigarettes were more expensive. The uk is part of Europe and nearly Everything is taxed at 20% VAT to support the European Parliament who have entirely screwed up the Economy. PS there are some items taxed at higher rates, so called Luxury items.
Lol, UK and "European Union" are not very linked economically... UK play it in solo but they didn't do better than Europe or USA the last few years... We are all in the same boat (Titanic..)
100 pounds for 1h with a SP in Glasgow... Wow... Very surprising but good to know...
I am surprised that the Economist does not talk about something pretty obvious to me: migrant sex workers are more and more working in the high end et middle range markets. UK is not part of the Schengen Area but still is Europe's biggest magnet for migrant workers. According to many serious sources, migrant sex workers account for more than half the sex workers' population.
High end clients, except maybe for the few rich narcissists, are not stupid. The girls get to some very nice hotels to work for 15-20 days, they have a cultural level comparable to the high end british escorts and they provide often better service.
Simple market law: an increase of the supply for a constant demand.
One would expect that a lowering of prices would help recruit new clients. I am not so sure, however, that it does so. Who among us would claim that the price had anything to do with having a first experience with a sex worker? I guess that, at best, existing clients could increase their number of visits. So, at the end of the line, the equilibrium price drops vertically.
It's an easy article for the Economist: the methodology is exclusively based on the quality of the informants. And I trust them for that. They talk to maybe 10 or 20. They use 4 or 5 of them in the article. The problem is with the very limited scope of the article.
High end clients, except maybe for the few rich narcissists, are not stupid. The girls get to some very nice hotels to work for 15-20 days, they have a cultural level comparable to the high end british escorts and they provide often better service.
Simple market law: an increase of the supply for a constant demand.
One would expect that a lowering of prices would help recruit new clients. I am not so sure, however, that it does so. Who among us would claim that the price had anything to do with having a first experience with a sex worker? I guess that, at best, existing clients could increase their number of visits. So, at the end of the line, the equilibrium price drops vertically.
It's an easy article for the Economist: the methodology is exclusively based on the quality of the informants. And I trust them for that. They talk to maybe 10 or 20. They use 4 or 5 of them in the article. The problem is with the very limited scope of the article.
The biz has reached a point of saturation. Supply is going up because there are a lot of students working in the massage parlors and escort agencies. The supply is going down because of the demographic shift of less baby boomers hitting the scene, and the job market is changing.
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