Will prices ever come down?

[Moby Dick]

Not a good guide for anything, and not due to Covid, the market is skewed upwards because of parts supply and a shortage of new cars.

WBAC will fluctuate depending on stock levels, demand for the car in question, location at the given time, and no guide to real life prices.

I didn’t post it as a guide for anything!!
Estats the cuntarian asked if car prices EVER come down. I answered YES.

Garages test the market. If it hasn’t sold by the end of the month they take £200 off. They have sales targets, just like Prossies (should)

Very relevant analogy
Used cars are just like prossies
You pay less for higher mileage, tatty bodywork, old bangers with smokey exhausts and noisy big ends.
More for a tidy reliable runner with airbags, recently serviced, long MOT, and a bonus if heating/air conditioning works.
Prossies were also in high demand after covid shutdown. Not due to shortages of new cars (hmm shortage of virgins?) but because many punters had furlough blue balls and accumulated savings.

[Moby Dick]

I'd just raise one final point on this.

It also depends how you price.

For example what if in June 2021 I'd have moved £100k to US dollar priced assets. Now I've insulated myself away (in many ways) from pricing in British pounds. The result of this would have seen about a 20% return as the pound has weakened against the dollar and I've hedged away.

I get most people don't think like that or do that, but basically I'm saying you don't have to consider pricing in the sole context of your own currency. With low spreads, go and buy the dollar index to hedge, or gold, or even crypto (if you are crazy), but don't just think of pricing in terms of a single currency.

I could literally convert all my cash into shares in greggs, determine the percentage turnover they gain from sausage rolls, and then price everything I buy in sausage rolls. Sounds appealing to me, may sound crazy to others, but actually literally think of the paper currency we have, it is actually paper and blind faith, nothing more than that, you could argue the sausage roll pricing mechanism would make more sense. 

I think you should stick to warming them up!

 

[estats]

I posted the statistics. I can see only one 6 month period in the last 11 years where prices were lower at the end of the period, than at the start, and this was following the great financial recession. And as pointed out, the car market is highly sensitive to supply side issues.

But, ok, I'll use you example of the car market. Since 2011 prices have doubled, if you take the statistic of one drop, you have to accept the overall trend, and that is the trend.

Escort prices around 2011 seem to have been around £120 p/h. So if we use YOUR demonstrated market to issue a point on pricing trend, then actually you are stating escort prices priced in your market are actually lower than they should be.

I.e. punters should now on average be paying £240 an hour based on your car market example.

This simply reinforces my original point, escort prices have been stable or lower than many other markets during the last 10 years. It's your example, that is what your example shows, does it not?

So if your serious point is you'd want a few short term price drops, but on the longer trend are happy to see prices double, I'd question that logic. We need stable pricing in the economy.

[estats]

I think you should stick to warning them up!

 

  Do folks realise if they had brought Greggs a decade back they would have been sitting on between a 400-600% ROI ! Sausage rolls rule ! Don't forget it !  Nice having the debate though.

As I say, markets need all views. take it easy all.

[datwabbit]

"lose comple sense of the value of money" - boom that's it right there.
and a person value of money is based on a variety of individual factors.
punting is addictive.

That's a good take on it. Someone else said that they could afford the rises but punt less. Maybe we just have to get used to punting less. Stop any addiction need for a punt. There's a theory that fewer punters means higher prices to cover the loss so you'd face higher prices whatever. Punting less would keep your money with you.

As Hobbit said, if the quality isn't there it makes a higher cost/less regular punt even worse.

[Marmalade]

Punters generally refer to the “price on the label”, not the relative price — which should really be a separate discussion. But if you go there, how do you calculate it anyway?

Most things have a gradual price creep, a few per cent that may or may not reflect the ‘cost of living’. But punting is a strange sport. It travels across income levels. SPs are not economists. They tweak here and there until there’s some sort of seismic shift. The difficulty of estimating price changes in real terms is obtaining the data. There was recently on here links to an ‘international index’ of what they supposedly charge, which was laughed out of the water by many on here.

There’s a temptation to take AW as some sort of mean but it’s not. Nor is the agency business or the SW business or Seeking or various other arrangements of p4p. Ask those who have been punting for 40 or 50 years and preferably around the world. Did you think of it as “throw away money”? Do you think of it like that now? Evened out and statistically weighted if you must, that’s how they’ve changed in ‘real’ terms.

[Marmalade]

That's a good take on it. Someone else said that they could afford the rises but punt less. Maybe we just have to get used to punting less. Stop any addiction need for a punt. There's a theory that fewer punters means higher prices to cover the loss so you'd face higher prices whatever. Punting less would keep your money with you.

As Hobbit said, if the quality isn't there it makes a higher cost/less regular punt even worse.

Some women want attention. Some want folding stuff.

People who have successfully learnt to use POF et al have sometimes given up because of the time and effort required. They balance that against the AW route and decide the latter is a saving.

[datwabbit]

People who have successfully learnt to use POF et al have sometimes given up because of the time and effort required. They balance that against the AW route and decide the latter is a saving.

That's a fair point. A slight divergence into sugar daddies is that you can hopefully get savings but how much is your time worth regarding the extra comms. We often hear how much the sp's time is worth but you have to value your time too. Both the time getting to the point of punt and the time in the punt too.

[king tarzan]

I'm finding at my last two punts at £300 the policy changes when I'm strongly indicating I'm leaving after hearing 1 pop policy..
Shows that there might not be customers queuing up as before..

[Watts.E.Dunn]

Some women want attention. Some want folding stuff.

People who have successfully learnt to use POF et al have sometimes given up because of the time and effort required. They balance that against the AW route and decide the latter is a saving.

Beg to differ Sir M!, women what both attention and the folding stuff!

In my experence more the latter;!..

[webpunter]

They celebrate & put the bunting out

I'm finding at my last two punts at £300 the policy changes when I'm strongly indicating I'm leaving

[Geko12]

Personally I dont think prices are ever coming down, i hardly punt because of this, years nearly done and ive only had 4 punts costing me £550 and that will be it for the year, my hot list is filled with 70% of girls I want to see but refuse to with them all at £250 + ph, ludicrous, because of the prices Ive punted the same girl three times and a different one this year and I like variety, if prices stay the same then it will be 2 or 3 punts next year too.

[rubric]

Yeah, it's not happening.  What happened for a while is that constant influx of new girls into the market kept prices low.   Wage growth in the UK has been largely flat for over a decade, and parts of Eastern Europe are set to overtake the UK before the end of the decade.  Factor in the weaker pound, and those prices aren't coming back.

[webpunter]

This impacts EE SPs as for each bag of sand they take back they are getting less than compared to the historical average when they convert to Euros
One reason why cheap ish prices aint coming back

A semi reg mentioned that one problem she faced is converting the currency
She didn't want to be seen to be regularly changing up amounts like 5k-10k back home as this could attract unwanted attention
The same here to a lesser extent, she'd dress down when going to a bureau de change / similar
And would vary which ones she went to, knowing where most of them in a 5 mile radius in north london were located, travelling ever further 
The EE SPs shared location info between them
She said changing £ into € was time consuming & she would vary her routes returning home to avoid coming to the attention of people who might want to rob her
As they would know that it would be unlikely for her to report a robbery to the police
It became clear that converting, taking the cash home [max 10k] & then putting it somewhere secure / doing something with the cash to 'wash' it wasnt easy
Hadn't thought of this until she mentioned it

Factor in the weaker pound, and those prices aren't coming back.

[king tarzan]

Petrol has come down
Dropping knickers will come down too 😋😋👅👅👍👍🙌🙌

[Moby Dick]

But is the £ weaker against the Euro?
It has  been between 1.1 to 1.2 for the last 6 years
It is stronger now than it was in 2009!
The 2009 recession saw a lot of new English SPs entering the Manchester Parlour Scene.

Maybe jobs / wages / circumstances have improved in their own countries?
Maybe they can earn the same online at home.

Personally I don’t go looking to punt EEs. Had enough of “language issues” when I worked abroad.

[tintin100]

But is the £ weaker against the Euro?
It has  been between 1.1 to 1.2 for the last 6 years
It is stronger now than it was in 2009!
The 2009 recession saw a lot of new English SPs entering the Manchester Parlour Scene.

Maybe jobs / wages / circumstances have improved in their own countries?
Maybe they can earn the same online at home.

Personally I don’t go looking to punt EEs. Had enough of “language issues” when I worked abroad.

You should compare it with a basket of currency, then you have an idea of how weak the £ has been.

[Moby Dick]

You should compare it with a basket of currency, then you have an idea of how weak the £ has been.

Yes USD is stronger, but Euro isn’t an excuse.

[webpunter]

You are providing a snapshot of periods
1.35 & higher around 2015
As for 2009 tell me about it
Going to Marbs on a boys trip @ 1.05
A half hour / hour @ €80 & €160 at Estark when the rate was 1.40 was like £50/£100 ish round figures, processed in my brain rounding down the actual cost
Then its £80 & £160 WTF

But is the £ weaker against the Euro?
It has  been between 1.1 to 1.2 for the last 6 years
It is stronger now than it was in 2009!
The 2009 recession saw a lot of new English SPs entering the Manchester Parlour Scene.

Maybe jobs / wages / circumstances have improved in their own countries?
Maybe they can earn the same online at home.

Personally I don’t go looking to punt EEs. Had enough of “language issues” when I worked abroad.

[Marmalade]

Remember the days when you could get two dollars for the pound?
Times Square was also a delighhtful cradle of filth back then.

[mrwhite]

Remember the days when you could get two dollars for the pound?
Times Square was also a delighhtful cradle of filth back then.

Not quite that much, but my first visit to Vegas it was over $1.55 to the pound... made everything seem good vfm. 

[datwabbit]

If we have a weak pound, does this make the UK a good destination for foreign punters regardless of escort rate rises.

[Marmalade]

If we have a weak pound, does this make the UK a good destination for foreign punters regardless of escort rate rises.

I think it has been for a while. Americans tend to push prices up in such destinations as they think it’s cheap. 

[dynatron]

i cant see prices coming down ever once things go up whatever it is does it ever come down i think not