Also, building a bunch of homes priced at what you thought you could potentially sell them for 2 years ago no longer pencils. The ride had to end some time, we’ll see how it goes.

Builders and developers have loans due, they’ll be forced to cut, and then that will force existing he prices lower. That should finally impact rental housing and apartments…but of course each group will fight it all the way and lobby for lowering interest rates to prop up current pricing.