Jon I feel for and understand what you are saying BUT.... in ANY business that has margin, people pile on and you get price erosion. It has always happened and always will.
I feel it with my apartments, haven't raised rents in almost ten years but my costs continue to go up. I feel it when I sell a load of topsoil. My father made more profit selling dirt in the 70's than I can today. EVERYONE has a truck, EVERYONE has machines...EVERYONE chops balls.
Price erosion.....it sucks.
De Beers ...now there is a business model! Are diamonds rare? My wife thinks so and that's all that matters....along with setting prices....lol
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Bryan
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