Exactly. They know this demand will disappear. They know this bubble will burst. And it will do so probably before they even break ground on a new manufacturing facility, definitely before it is completed. These types of facilities don’t get built in a few months, they take years.
The problem is partially in capacity.
The manufacturers COULD build more capacity, but if the demand drops suddenly they’d never recoup the costs.
So they jack up the prices as long as someone is willing to buy.
FTFY
Exactly. They know this demand will disappear. They know this bubble will burst. And it will do so probably before they even break ground on a new manufacturing facility, definitely before it is completed. These types of facilities don’t get built in a few months, they take years.