I think people have an upper limit. Sure, $7 eggs might be below the limit but if you want into a grocery store because you wanted to make french toast and the

I think people have an upper limit. Sure, $7 eggs might be below the limit but if you want into a grocery store because you wanted to make french toast and the eggs are $25 are you buying them or just eating something else? I would agree that the upper limit is above what the common price is though. This should really be a good thing because you want people to consume goods; that makes the economy go in a circle. For necessities like food and gas (energy) the government goes out of its way to subsidize them. I just think most people don't feel like putting in the work to figure out what a clearing price for an action would be when selling not-auctioned items. This is where things like RealPage get dangerous because it will find the best price and that best price is not what the median people can afford.