The prices in the world show's exacly that people are very rich.
If nobody can't afford paying those prices then prices will fall If prices are so high it means people can afford.
But it's shame that anyone tell they don't have money to spend or buy expensive things becouse high prices show's what's the new Normal.
New Normal is WEALTH look at the rent prices even not good locations ...lol they are extremly expensive.
Everything show's that people are very rich and all have good jobs and a lot money in bank accounts.
The new Normal is to be very wealthy and it's shame to tell others you don't have money nobody don't belive you they think you joking becouse it's impossible to live in this world like this If you don't have money.
Finally the world is rich
The economy doesn't work the way you are thinking it. A right thinking man that has children at homebto feed will do anything to buy food for his children and will buy it no matter how expensive it's it because child must be fed as they understand nothing about economy. If that same person get paid, he might have also have a child that is sick on the hospital bed which he must also provide for, this is how demands are created and as long demand are there, people will see that as an opportunity to supply to make money. If you don't provide, others are there to do it and if you don't buy, people that need it will buy it creating a natural demand and supply own it own and you don't have the choice but to buy because you are not going to wait forever until the price has dropped as you expected. It's the same way price do drop due to demand and supply but saying people should not buy until the price is reduce can never work, not when there is demand.