Porsche has full page ads

[PerryChase]

Porsche has full page ads for the Cayman at $589/mo lease. The high end is not doing that good if they are doing incentives.

Boat sales are also down.
http://www.signonsandiego.com/news/business/20070801-9999-1b1boat.html

Now, some have argued that the rich are immune so their housing communities are immune as well. I doubt very much that anything under $5 million is immune to the downturn.