I think that is a big thing - Disney pushed pricing (and removal of perks) as demand soared and now that it is waning people are really questioning if it is worth it or if they can better use those funds elsewhere (especially given everything in their daily life is seeing price increases too)
I recall a lot of people saying last year with, as an example, the return of the traditional holiday parties that they didn't care what they cost they missed them and were going to pay it to do them ... but now that they have done them, it is harder to pay the high prices again