Great article,there are many of us new to the real estate cylcles (10 years or less) and probably many who have not been through one quite like this. There is much consternation about what it is, what to do with it and where to go next and I am sure we can all use any insight we can get.

I suspect when the dust settles and some form of real growth begins to emerge, the tools that will carry us through will be a smorgasbord of legacy and new approaches. The new approaches will likely be similiar to the ideas you present above dressed up in the fashion of the day.

Thank you.