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Price Floor

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Price Floor
The lowest price for a good or service permitted by a government. A government may impose a price floor to protect a favored industry and/or to keep employees working at a reasonable wage. Price floors are particularly common in agriculture. Many economists believe setting price floors is economically inefficient and limits demand in the market, causing an oversupply of the controlled good or service.
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Meanwhile, only 14 percent said that the rise in mortgage lending in the second quarter is an indication that prices had finally hit the price floor.
Mortgage lending in the UAE grew 25 pc in Q2 2009, according to HSBC. ... by Kippreport
Owner behaviour is preventing the leasing market from reaching a price floor, but they are just delaying the inevitable, indicates Landmark AdvisoryAAEs Q309 Dubai and Abu Dhabi Real Estate Report.
Landlord behaviour causing temporary respite in price correction by SMB Advisor Middle East
There is strong evidence that setting a price floor for alcohol would save lives, and money.
Letter: The BIG issue - Drinking's not a crime by The Mirror (London, England)
 
 
 
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