Take the fraudsters out and you don’t get 10-15% annual jumps. Take the 10-15% annual jumps from the fraudsters out and all the speculators don’t pile in creating 20-25% annual gains. Take the 20-25% annual gains out and the vacant homes that are on the market with speculators and apartment vacancies don’t fall to the low single digits which promotes rent increases. Take the increases out and you strip away the idiotic $3000/month Craigslist ads for two bedroom condos downtown. Unwind of all it and there would be minor pressure on prices and rents and prices would be half of today.