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Supply and Demand Pricing Rules for Property Market


Not long ago I published an article Economic Lessons - Consumer Influence on Price with an intent to show that not everywhere rules of supply and demand work as per the textbooks and as per wishes of some people.

I have discussed this topic with many people and majority seem to still believe in supply-demand mantra.

Today I stumbled upon the article by BT Financial Group4 surprising facts about the property market:
"Supply and demand pricing rules don’t always work with property".



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