Things are tough all over: Recession Hits World's Oldest Profession
An old industry is in deep recession
TIMES are tough for Debbie, a prostitute in western England who runs a private flat with other “mature ladies”. She does two or three jobs a day. A year ago she was doing eight or nine. She has cut her prices: “If I hadn’t, I wouldn’t still be open.” She says that she can now make more money doing up furniture and attending car-boot sales than she can turning tricks.
George McCoy, who runs a website reviewing over 5,000 massage parlours and individuals, says that many are struggling. Sex workers tell him they have been forced to hold down prices. Like other businesses, massage parlours and private flats are suffering from rising rents and energy costs. Even Mr McCoy’s website is under the cosh: visitor numbers are down by a third.
In part, this reflects the sluggish economy. Overall consumer spending at the end of 2012 was almost 4% lower than its 2007 peak. And Vivienne, an independent escort in the south who works part-time to supplement her income as a photographer, says paying for sex is a luxury: “Food is more important; the mortgage is more important; petrol is more important.” She is offering discounts out of desperation, reckoning it is better to reduce prices by £20 ($30) than to have no customers at all. Another woman says that some punters are just as anxious to talk about the difficult job market as they are to have sex.
The days of being able to make a full-time living out of prostitution are long gone, reckons Vivienne, at least in larger towns and cities. “It’s stupidly competitive right now,” she laments. More people are entering prostitution, agrees Cari Mitchell of the English Collective of Prostitutes. Some working women in Westminster say they have halved their prices because the market has become so saturated. In London, and increasingly elsewhere, immigrants provide strong competition. But Sophie, an expensive escort in Edinburgh, says she is seeing an influx of newbies including students and the recently laid-off, many of them offering more for less.
More at link: http://www.economist.com/news/britain/21578434-old-industry-deep-recession-sex-doesnt-sell
Interesting: Alcohol sales tend to go up in a down economy. I guess that is not so for sex. 
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