Justin Colby

And everyone thought that that was going to be a short blip in the radar, which obviously is no longer short.

But it seems as if

all things created equal, what they're really going to do, curious how you feel about this, what they care more about is the value staying high versus dipping.

Oh, yeah.

So they will, even if interest rates go up, we would all think values are going to go down.

They will do everything in God-given power to be able to keep the valuation of housing high because it just spawns the economy.

Mr. Pulte, by the way, let's be clear.

It's not like I'm on a first name basis with a guy.

No, and that's a great place to kind of talk

Listen, I think you and I have the experience.

There's been a lot of damage done in the investor space.

We talked about kind of the ego.

I think there's a lot of bright light as long as people stay relatively conservative.

I think if your strategy is a longer play versus a quick hit, I think any investor is going to do well.

You and I both know all those syndicators that just got...

Literally, their heads cut off.

And I'm buying these assets that someone bought three, four years ago.

I just bought two in Phoenix at a 40% discount that they bought it four years ago.

40% discount is a $20 million asset.

You guys do the math.