If the economy grows, housing gets better, quicker.
All businesses tend to pass costs onto customers.
We don't think there are cases where people were evicted out of homes when they shouldn't have been.
Just because we're stupid doesn't mean everybody else was.
That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.
If you can't use dividends, it's not a bad thing to give it back to your shareholders. They'll use it somewhere else.