Ok, I will try one last time to respond

Yes, inflation is coming, I agree. And yes, hyperinflation happened in 70's.

The question is: how will real estate perform in a hyperinflation enviroment? Let's suppose we don't know, okay? So we look at the history in 70's when inflation rate was more than 10%, and the fact is real estate more than doubled in nominal term, and pretty much kept up with inflation in inflation-adjusted term.

Now your point is, in a hyperinflation environment, real estate is gonna drop significantly even in nominal term, and that's the issue I don't agree on, and frankly I think it is illogical given your bullish view on gold. Both gold and real estate are real assets and real assets behave well in hyperinflation, okay? And it is economy 001.

As to my personal real estate holdings, I purchased them since December of 08 and all of the purchases were done near 50% from their peak values. If you ask me for personal interest, I actually wish real estate stays down for another couple of years because I want to accumulate more at the current attractive prices.