We're already in a situation where prices have gone up so much that the working guy is having a tough time buying a house.

We've created something we're not too thrilled with. People say they're locked in because they can't afford to move.

Mortgage rates may inch up, but I don't see them getting back up to 8, 9 or 10 percent for a long time.

You'll probably see quite a few (condos) that will turn into rental units. A lot of the people that bought as investors are not going to sell.