The price of games and not the price of consoles causing the drop in sales?

[reask]

Are they really that expensive though.
I recently got a lend of COD 1 of a friend for my PS2.
The price tag was still on it and it cost 55 Pounds.
That was pre Euro.

I remember gears 2 coming out and it was 59 Euro new.
So are they really that expensive I wonder.