Should be common sense here.
Common sense would dictate that Disneyland needs to adjust the prices of their annual passes so demand and supply are more in balance. When they resumed selling the annual passes last fall the demand was so high the pass with no block outs sold out in 1 month. People thought $1,400 was a high price but I guess not. Even the next level pass with block outs is sold out as well. Disney is being very careful with their price increases. There is so much pent up demand that Disney has no feasible way of meeting it.