Alex there are submarkets that indeed have depreciated substantially already. Many of the suburban and low end areas are well off 2004 prices. It has not happened at the pace that many desire but in real estate time the drop has been fairly dramatic. The problem is that the desireable areas have not dropped as fast as many would like for a variety of reasons that we have discussed over and over again. The bottom line is that the demand is still there. We regularly see posts from the potential buyers (who have the courage) to post here. As long as there is gainful employment I think they will be out there. If the high paying jobs go, those buyers will dry up.