No offense, but... to me it sounds like famine wages are the rule over their in Canada. To buy a console at this price level i had to wait a couple of years after it was released.

Inflation without a raise in salaries is not a good thing, right now the jobs created in NA are not good jobs. Most of them are part time or they pay less than the jobs lost they replace. In this condition, inflation is a bad thing. You talk about the 80s, do you remember the inflation crisis back then? Interest rates between 15 and 20%? Nobody wants to live that again. Also the problem with your example of someone buying a house is that you have to be rich enough to buy a house at first and second, when you live in your house its value is relative as you cannot make money with it to pay for the day to day needs and once you sell it you still have to buy something to live in and that house you'll buy will also have raised in price... A house is an investment, but if the interest rates are to high, you're not gooing to make that much money out of it and considering that the municipal taxes in lots of places in Canada is calculated according to your house value, an increase in your house value = more taxes to pay and if your revenu is not going up, as it is right now, your are poorer having a higher house value. So praising inflation without taking everything into consideration is really dangerous and may lead to a worst economical state. The problem is that "job creators" are keeping all the money as they don't want to pay their employees good enough salaries. The Wallmart family is one of the richest family in the world, but they and the fast food industry are fighting against a raise of the minimum wages that would be perfect for the economy as they would spend all that money earned in the local economy instead of puting it in the speculative economy like the richest do. The richest of the world are pushing down the salaries, it is a really dangerous way to make business since we need good enough salaies to sustain an economy. Here in Canada (at least for Ontario and Québec) the minimum wage is more than 10$/hour and our economy is still one of the stronguest in the world. I'm all for capitalism, but not the capitalism of the 19th century.

I'm there with you. I was probably going to buy one for christmas, but now I'll be waiting for a price drop, 450$ + taxes is just to high for a game console with just a few games. I still have lots of games to play in the mean time.

Maybe we don't like to make unecessary spendings and maybe we are more responsible with our money. I am always amazed by comments on this site where a guy is stating that he is buying and selling a console depending on the availability of softwares instead of just keeping it until the games they like comes out. In the end they may end up buying the same console two or three time... What a waste! I also have friends that makes lot of money and they don't even have a TV, they just don't want one...

It is clearly written: "too expensive". Not: "i wait till more games are available i like". "too expensive, wait until cheaper than 400" and not "wait till more games".

Btw. i don't own a PS4. But not because its "too expensive". First, i wait till more games are out, and second, during the warmer days of the year i tend to do other things than video gaming.

This "Geiz ist Geil" mentality just sucks.

I bet when our dollar goes back to normal Sony won't put the price back at $400.

Probably true since the prices didn't drop when the CAD was over the USD for a far longer period than the sudden drop in the last two months. It is simple to understand, in one case they lose money, so they raise the prices, in the other case they make more money keeping it at the same price... As long as it is selling, we won't see a price drop. The goverment tried to make some pressure on the corporations to ajust the prices according to the value of the CAD, but the goverment initiative (quite limited) died fast.