Become a Supporting Member


Go Back   The Gear Page > The Gear Page Lounge > The Pub

Notices


View Poll Results: What's Your Opinion on Price Gouging???
No problems. Capitalism in a Free Society 29 11.03%
100% Total Douchebaggery 234 88.97%
Voters: 263. You may not vote on this poll

Reply
 
Thread Tools Display Modes
  #1  
Old 11-01-2012, 05:28 PM
DWB1960's Avatar
DWB1960 DWB1960 is offline
Gold Supporting Member
Feedback Score: 0 reviews
 
Join Date: Dec 2005
Location: SoCal by way of Boston
Posts: 21,634
Price Gouging During Disasters?

What's your opinion?
__________________

The Beatles and the Stones got into a fight in the parking lot, and Led Zeppelin won. - Lisa Robinson, Creem Magazine
Reply With Quote
  #2  
Old 11-01-2012, 05:30 PM
DGTCrazy's Avatar
DGTCrazy DGTCrazy is online now
Moderator
Feedback Score: 16 reviews
 
Join Date: Aug 2010
Location: Petaluma, CA
Posts: 12,394
In CA, it's illegal, it's immoral, it's unethical, and about the scummiest thing there is. Can you tell I've lived in an area where it happened? And that those who engaged in the activity were charged and convicted!!!
__________________
Don't delete your Emporium ad after the item sells, or you won't get any Feedback!

And when you check the little box indicating that you have "Read & Understood" TGP Rules as a condition of your membership, please take the time to actually read them!
Reply With Quote
  #3  
Old 11-01-2012, 05:32 PM
DWB1960's Avatar
DWB1960 DWB1960 is offline
Gold Supporting Member
Feedback Score: 0 reviews
 
Join Date: Dec 2005
Location: SoCal by way of Boston
Posts: 21,634
It's illegal but it still happens. Some gas stations in NYC and NJ raised their prices as much as $0.90 a gallon a couple of days before the storm.


I started the poll just to see if anyone if going to defend the practice......
__________________

The Beatles and the Stones got into a fight in the parking lot, and Led Zeppelin won. - Lisa Robinson, Creem Magazine
Reply With Quote
  #4  
Old 11-01-2012, 05:36 PM
ACfixer ACfixer is offline
Silver Supporting Member
Feedback Score: 0 reviews
 
Join Date: May 2005
Location: L35 - SoCal
Posts: 13,015
I'm about as free market as anyone you'll ever meet, and I say it's despicable.

We saw it in the Big Bear earthquake Don. One local supplier raised the prices on building materials through the roof. Another kept their prices at or near where they were before the quake and probably lost millions of dollars and was plagued by frequent shortages. Now 20 years later, the gouger is out of business and the good guy still thrives.
Reply With Quote
  #5  
Old 11-01-2012, 05:56 PM
mbargav's Avatar
mbargav mbargav is offline
Gold Supporting Member
Feedback Score: 0 reviews
 
Join Date: Sep 2009
Location: DC/Arlington, VA
Posts: 6,360
Total douchebaggery.
__________________
Good deals: lannyhall, goorider, indytone, teleking, castpolymer, echoSE7EN, samm57, moredirt, fridgit, succor, Winklin, infiniteposse, Circus, seriousunc, tradrad, flcmcya, alschnier, mstoner_1, ThePenwellCrash, Teletone65, The Hoff, modeerf, carbz, saltydogg, cognitiveitch, cdarwincole, digiTED, gkelm, beachbum0711, drummerdarko, reubencox
Reply With Quote
  #6  
Old 11-01-2012, 05:57 PM
chrisr777 chrisr777 is offline
Senior Member
Feedback Score: 0 reviews
 
Join Date: Jan 2007
Location: Lost in Hollywood
Posts: 11,564
You mean like when they sell out of the first 150 KTRs and people start flipping them for $500.00?

Actually yes, it is as low as you can get. After some earthquakes people have tried to charge ten five times the regular price for bottled water.
__________________
Time for the AIDS Walk on 10/12/14 in Hollywood. I walk in honor my best friend and bass player Danny, who we lost ten years ago this year. Still miss him daily.

http://awla2014.kintera.org/walking_for_danny
Reply With Quote
  #7  
Old 11-01-2012, 06:23 PM
Blindspot Blindspot is offline
Senior Member
Feedback Score: 0 reviews
 
Join Date: May 2006
Location: NYC
Posts: 5,721
Craigslist is absolutely loaded with butt-munchers reselling generators at 100%+ markup. I am particularly annoyed by how they pose as simple folk who bought and no longer need a new-in-the-box generator that they "just want to get their money back on" - $1,500 (for one that retails for $699).
__________________
Quote:
Originally Posted by Strat-Mangler View Post
There are a bunch of members here who simply cannot post anything positive or helpful in any way. Blindspot is one of them.
Quote:
Originally Posted by electricfactory View Post
Blindspot, what an incredibly decent reply, I'd say the most clearly explained response in the entire thread. OP, read Blindspot's reply several times, probably the best advise from a stranger you'll ever get..
Reply With Quote
  #8  
Old 11-01-2012, 06:28 PM
'58Bassman '58Bassman is offline
Senior Member
Feedback Score: 0 reviews
 
Join Date: Jan 2012
Posts: 4,586
People who gouge had better hope the concept/reality of Karma doesn't bite them on the ass. I, OTOH, hope it does.
Reply With Quote
  #9  
Old 11-01-2012, 06:30 PM
otis12 otis12 is offline
Senior Member
Feedback Score: 0 reviews
 
Join Date: Sep 2012
Posts: 263
When south Florida got leveled,they were selling sheets of plywood for 200 bucks and 300dollar generators for 2 grand.I give money to the Salvation Army.And I'm not religous but there's a preacher in St.Louis,Larry Rice.The guy wears like 10 dollar suits.Helps homeless and old people.I gave him a truckload of window fans anonymous.The older I get the more I believe in KARMA

Last edited by otis12; 11-01-2012 at 06:47 PM.
Reply With Quote
  #10  
Old 11-01-2012, 06:30 PM
DamianP DamianP is online now
Senior Member
Feedback Score: 0 reviews
 
Join Date: Aug 2004
Location: England.
Posts: 5,477
That`s your free market system in all its glory. It seems pretty popular.

I don`t see how anyone who supports it can complain.
Reply With Quote
  #11  
Old 11-01-2012, 06:34 PM
Mudder Mudder is offline
Senior Member
Feedback Score: 0 reviews
 
Join Date: Aug 2006
Location: St Helens, Or
Posts: 3,611
I think actual price gouging is truly disappointing behavior, but it's a grey line. If it's hard to find plywood and people want it, the price goes up.
Reply With Quote
  #12  
Old 11-01-2012, 06:43 PM
davess23 davess23 is offline
Senior Member
Feedback Score: 0 reviews
 
Join Date: Mar 2006
Location: Marblehead, MA
Posts: 2,877
I voted for the douchebaggery, but it's actually both. Just because something isn't against the law doesn't mean it's right.
__________________
The 3rd annual convention of the Boston Area Association of Psychics and Clairvoyants has been canceled due to unforeseen circumstances.
Reply With Quote
  #13  
Old 11-01-2012, 06:44 PM
fool fool is offline
Member
Feedback Score: 0 reviews
 
Join Date: Jan 2012
Location: I'm a guy...at a place
Posts: 191
Problem is even when the stores don't do it, there are plenty of 'entrepreneurs' who will buy them out and mark it up. It's a crap practice, but in any case where demand greatly outweighs supply some of it will happen.
__________________
"Trust me Sheila, the search for truth in cyberspace will take you through the wormhole, and there’s nothing on the other side but pedants and nitpickers and bottomless ambiguity. If you’re not careful, you’ll spend all your time proving everything and understanding nothing." - Mike Rowe
Reply With Quote
  #14  
Old 11-01-2012, 06:51 PM
John Coloccia's Avatar
John Coloccia John Coloccia is offline
Cold Supporting Member
Feedback Score: 2 reviews
 
Join Date: Dec 2007
Location: Connecticut, outside of Hartford
Posts: 6,993
Well, I needed a a couple of plugs to conveniently hook up my generator. EVERYONE in my area was out. I found a place in Webster, Massachusetts...about 1h 20m away. After I bought them over the phone and hung up (they just left them outside for me to pick up as they were closing), I though to myself that they're closed so no one else will be able to buy any plugs. I could just buy them out, bring them home with me and sell them to people who need them.

I would mark them up, of course. I mean, I did have to do all of the research to find them, I drove 3 hours to get them, and I'm taking the risk that they won't sell. I think they cost $20 each. I thought I'd sell them for $25, or something like that. That seemed fair. Then I thought about it and realized that could be considered gouging, and I certainly don't want to be accused of that by some overzealous cop or bureaucrat.

So the several dozen plugs sat in the empty warehouse instead of being put to use.

Now, would that have been gouging? I'm all for helping people, but I'm not running a charity. I should at least recoup my costs and my time if I can, especially since I'm risking being stuck with dozens of plugs I don't need.

Consider another case:

I buy a generator just in case I loose power. Storm comes and goes, and it turns out I didn't need it. Well, I don't mind having a generator but I'll see if I can make some money on it. I put it on Craigslist for 2x what it's worth. If it sells, great...if not, oh well. Is that gouging? I guess technically it is, but I don't see it that way. It's not something I'd personally do. Think about this, though. If I just DIDN'T sell it, than it sits unused. If I sell it for double the price, someone out there decided that it's worth it....I'm not holding a gun to anyone's head.

But now what if I go to Home Depot, buy 10 generators, hold on to them and then sell them right after the storm hits for 2x? That seems like a much different situation.

So there's gouging, and then there's gouging.
__________________
Disclosures: owner of JColoccia Guitars
www.JColocciaGuitars.com
Reply With Quote
  #15  
Old 11-01-2012, 06:55 PM
coldfingaz coldfingaz is offline
Gold Supporting Member
Feedback Score: 0 reviews
 
Join Date: Jan 2008
Posts: 11,270
It's not as cut & dry as we might like to believe.

Supply & demand, baby... and unscrupulous business folks that are in it to make as big of profits as they can.

Not condoning it, but it's the perfect storm & every so-called gouger should be evaluated on what they specifically are doing instead of lumping this into (a) it's ok or (b) it's not...

Just one example of food for thought... have you guys considered the additional time, hassle & costs that goes into logisitics when shit like this happens?
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -6. The time now is 05:40 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Copyright ©1999-2014, The Gear Page, LLC, Brian Scherzer
All rights reserved.
Banner Design: Chris Sileo