Now, ostensibly, no price is too high, because rents will go up forever and private equity investors will buy up any REIT not nailed down.

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The price was too high, so they let it go.

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But how do you go about determining, or helping someone understand, whether the cost is too high?

NPR: Forgiveness Isn't All It's Cracked Up To Be

It has demonstrated that it will go to any measure to convince Americans that taxes are too low and spending cuts are too high.

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Mr. Cave is as known for his discretion as his taste, and ends conversations that go on too long about the New York he has known, or veer too close to high-profile figures, with both decisiveness and cheer.

WSJ: Edward Lee Cave's 18th-Century Connecticut Farm | House Tour

In his budget speech, Mr Shanmugaratnam said that while the foreign worker inflow had been "too high" last year, a sharp reduction was not the best way to go.

BBC: Singapore budget focuses on foreign workers

Moreover, by offering increasingly generous packages to students who haven't demonstrated a need, private colleges and universities make haggling and bickering the norm, and direct too many dollars away from families that can't afford the high sticker price and whose needs therefore go unmet.

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