my guess is we'll see a correction into the Dow mid to high 29's and everything adjusts across the board equilaterally, re: RE, Stock, business etc...
We are slammed at work, but it ain't gonna last for ever.
Real estate is Bat Sh!t crazy in the Bay Area, its 65% (just my house) of my gross worth. Its only a "found" asset if I decide to do anything with it. I'm not taking any equities out to invest in any other real estate at this time....
It'll adjust, just try to keep everyone aware to keep their overhead minimal....
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Mike
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