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The basic flaw is the idea that somehow the evil content creators/Realtors can somehow artificially pump the price of a property over any give time period. Basic Economic theory says that if you price a property outside what consumers will pay for it, then no one will buy it unless it's necessary for life. Yet, millions are willing to pay what you consider an artificially inflated price. That tends to argue that the flaw is your price assumption rather than that of the creator/retailer.
I think that it's true that for certain segments of the population, the preferred price point is zero. That's why students tend to be the most aggressive pirate population, they aren't going to pay for content no matter what. They are too use to someone else paying for it and don't recognize the risks involved in pirating.
GOT is an interesting example, because you can get it so many different ways at so many different price points. You can get it by subscribing to HBO or watching on any number of different platforms at different price points after the episode has appeared on HBO. You can buy it, rent it or watch it as part of a streaming service or buy the DVD. As part of the HBO package of content, the point of GOT was never the actual price of GOT, but how much people would be willing to pay for a HBO subscription, followed by various other ways to monetize the offering. One could very well argue that GOT shows the validity of the multiple price points based on time that is the basic business model of book publishing and has been for several decades.
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