Walter Meester
HoogkarspelNetherlands
>Yes, and your point is ??
>You brought up supply and demand - I raised other factors related to supply and demand, namely the substitution factor.
You're overcomplicating the matter. It is plainly about supply and demand. Nothing more and nothing less. Whether the demand decreases because of other factors does not matter as long as the supply/demand ratio increases, rates will go up.
Walter,
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