Reply With QuoteWhich massage shop owner will admit that business is booming?
Think about that
I've been speaking to a few shop owners and agency owners and they keep telling me business is slowing down.
Do you think it's just seasonal or are more punters saving their money to pay down debt?
Have any shops gone out of business?
Which massage shop owner will admit that business is booming?
Think about that
Maybe just too many shops around, diluting market share?
A lot of the agencies on my wechat keep messaging me luring me for business, so I take it they are fairly desperate. Funny thing is, they won't lower the prices! How many people here can afford $400/hr punts on a regular basis??
Maybe if they want more business they should lower their asking offer!
I think it's the girls asking price not the shops...Originally Posted by faruk
I heard from some RNT places and girls that business has been slowing down. Some nights it can be very quiet at the shops. I guess many guys are not willing to part with their hard earned cash too quickly these days. As well, when you have some FS shops charging $350 or more per hour, it can be expensive for some guys and certainly would limit their visits to the shops or agencies.
It's always supply and demand, always !
True, I understand the first rule of economics.
My demand is high, I would punt everyday if I could.
It's a matter of cashflow for me as well.
I have a regular at Sakura 57 at the moment, at $160 an hour, this is okay for once a week.
I'm trying to save money now, I got rid of all credit cards and personal loans, just the car loan now. Life is just a little more harder without credit.
So now I save for a once a month treat at places like Ginza, so for around $300 you get most of the extras.
But I've had bosses from smaller businesses and even WLs themselves telling me business is down.
One girl who I've known for years said she averaged $10k - $12k a month doing outcalls. These days $4k is a good month. She only made $100 in one week a few months ago. Now she's thinking of either getting a normal job and keeping her private regulars, moving to the US or even moving back home.
Mortgage stress plays a big part in this equation.
Many people borrowed more that they can repay.
Real estate and punting go hand in hand.
Property prices, interest rates and wls.
Facts of life!
Agree with mortgage stress
This has already been reported on the rise 7 months in a row as %50 of Australian households default on mortgage payments.
Will get worse in the coming years.
how about the high end side of the biz? Like stilletos and bedroom eyes? I guess Their clientele won't suddenly all go bankrupt. Unlike us, their punting budget should still be unaffected. May even be bigger as the rich almost always get richer, and the poor get poorer.
Yeap, part of the principle of Supply and Demand is the volume of the supply chain and in terms of Sydney RnT - it's way too many shops!
Let's just take the little stretch of parramatta rd Stanmore for example : when Coco first took over, hers was the only shop on the block, now there are three! I bet you anything the demands definitely hasn't tripled !
Perhaps season/weather has an influence on customers' movements.
I am less likely to go out if it is cold or raining, or likely to be.
Everyone's right, Seasonal, weather, economy, and most of all, overcrowding !
Directory of After Reports by wilisno
http://www.aus99forum.com/showthread...ectory+reports
Collections of frequently used Abbreviations
http://www.aus99forum.com/showthread...-Abbreviations
Number of After reports at different shops appear to be much higher than few years ago.
Where did you get the 50% stat?
Summer could not have cum fast enough!Everyone is feeling BLUE
Business must be slow
I just reread my post and it's wrong.
Typing on my phone at work.
It's meant to say %50 of households suffer from mortgage stress and for 7 consecutive months the number of defaults on mortgage repayments have increased
These figures are consistent with the fact that Australia has the highest household debt levels in the world... The RBA keeps cutting rates in order to stimulate a tanking economy, but all these rate cuts have done is inflate asset prices and in turn, debt levels across the board.
It's not just pay for play businesses that are feeling the pinch. Ask any retailer or food business and very few will be telling you that business is booming.
And things are going to get a lot worse before they get better...
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