 Warren Buffett talks about commercial real estate investors as using 100% margin and that they should deal with the consequences. And American public have no interest in having a bank fail or have deposits actually lost by people. A lot of things that could happen out of the present situation. Depositors will not lose money. Stockholders and debt holders of the holding company they should lose money. And if people borrowed out on commercial real estate and now the loans aren't getting extended they should leave, it's too bad. I mean that's part of borrowing on 100% margin which is what people were doing. I've been doing it commercial real estate. You've got to have the penalties hit the people to cause the problems. And if they took risks that they shouldn't have it it needs to fall on them if you're gonna change how people are gonna behave in the future. Isn't that crazy? He's saying that real estate with high LTV loans like if you have a very small down payment that's essentially using margin. So isn't it normal for everybody to use a mortgage? If everybody's using a mortgage and everybody wants 100% financing and zero down is everybody gambling on real estate? Is that what he's saying? That's how I take it. If you're conservative you pay off your mortgage, right? That's everybody's eventual goal to be debt free but should we think like that? Is real estate potentially risky and are we taking even more risk when we're 100% margined? I don't know but they don't call it margin. Would you act differently you yourself if you thought of it as a margin loan? I guess because we don't really see the risk immediately or it hasn't hit in a long time. We don't think of it like that but man that is potentially ominous if that's what he's saying. If there is more to come who knows? Let me know in the comments what you think.