I haven't had any classes dealing with supply and demand except three that were history classes that touched on it briefly. But that doesn't mean I can't explain the phenomenon that is happening in Provo Utah right now. Girls are trying to sell their apartment contracts but no one wants to buy them. There are fewer girls living in the city. They all want to go on a mission and are leaving to serve the Lord. I have a friend doing it. She can't sell her contract. So there is barely any market for women's apartments. But that doesn't mean the price will go down. In fact with the recent recession prices have gone up, but they always go up.
In a nutshell, it's disappointing right now.
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