"Come on phil. You are still peddling that BS?"
Sorry, pat, I just don't find your theory that price competition between and among domestic producers will be ineffective to be a very compelling argument.
By the way, if there is ANY market where foreign competition would not seem to have a chance to dominate the way you fear, it would be the home housing market. Last time I checked, noone was importing new homes from outside the country.
Although I seem to recall under a previous thread that YN was concerned about smuggling real estate in across the border. LMAO
I guess we have a difference of opinion in what is "BS".
Although I seem to recall under a previous thread that YN was concerned about smuggling real estate in across the border. LMAOI never said any such thing.
Are land prices going to drop 25%? -- I don't think so.
The actual construction is highly labor-intensive, so how is that cost going to drop if everyone gets their old gross pay? Don't tell me the average home-builder has legions of tax lawyers on his payroll whom he can fire!