Tornado Alley (PROG)

[Zorax]

I don't believe it's that simple. Real estate could be a good example.
I list a house in a sellers market for 100K. It was built for 30K 10 years ago. It sold in a week for 90K. The spread due to profit speculation is 60K.
What's fair? But in a month the market turns into a buyers market with value of housing falling in prices for who knows what. I can list that house for 70K and it sells for 60K.

Did the house change at all in those 10 years? Nope, nothing done to it at all. Painting the interior is not worth 10's of thousands.
At some point your listing cost will drop down to unload it. Opposite of course in a sellers market.

That one commodity churned plenty of profit in a up or down market.

The market decides what it's worth. Same with oil. It's high because it's speculated. The middleman again. Oil has always been a sellers market.