Dan Sumner
Dan Sumner
amount california certain farmland goes land moving quite shift sure
Land comes in and goes out again, so you can't quite tell for sure what's happening. We know there's development every year, so a certain amount of farmland in California will shift from being farmed to moving into development.
advanced available disappear few finite given grape higher information knows likely market number people prune remain rise short shortage tight time wage wages weeks
In the short run, say a few weeks or months, there is likely to be only a finite number of people who know how to prune grape vines, for example. So even if the wage went up a bit, not many more people would be available and qualified. Given more time or some advanced information that substantially higher wages would be available, many more people would be available and the shortage would disappear at the higher wage. But, currently, there has not been time for the wage to rise sufficiently and no one knows if the market will remain tight long enough for the wages to adjust.
seen trend
It's the trend we've seen for a long time.