[lotsofpulp]

The prices are “in whack” for a sufficient number of people, as evidenced by the transaction clearing.

[bobbydroptables]

And the prices are deeply out of whack for large numbers of homeless people, broke people, uninsured people, people with unhealthy commutes, etc.

Yes there are plenty of bankers, yuppies and Russian billionaires to account for much of the city's real estate volume, if that's your point.