No, people would have realised far sooner that because of Teleportation, Gear Repair, Crafting and all the other Gil sinks within the game, that they can't afford to spend such ludicrous amounts of Gil on said items. Not to mention saving for housing.
It's well documented that the limited Gil fountains are not nearly enough to counter the numerous Gil sinks within game. Ironically the answer to all those threads was "Become a crafter!" and look at where that has gotten you eh.
Those prices are unsustainable given the limited legitimate Gil fountains within game currently. The economy is already messed up due to the exploits and RMT'ers, yet people like you still trying to rob others of all their hard earned GIL from their journey to 50 for just a couple of pieces of gear... Hopefully it won't last for long when/if the economy stabilises.