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Long time so nobody is going to do anything disruptive that's going to have a severe effect on the market right away. another thing is you mentioned that this could make costs go up which impacts lots and lots of people, home builders, realtors, lenders who make money off this. a lot of people who do not want to see costs go up because that will hit them and their bottom line. there's a lobbying battle going on in washington to make sure this either gets drawn out for a really long time or it has a minimal impact on the housing market. >> is this so there are no more housing bubbles? is that w...

Homeowners. we need to have reasonable underwriting standards so that we don't continue to have these housing bubbles. jenna: mark, is that even possible to have that really happen? >> well, the question is going to be, you know, short term versus long term. i do think you need to find a glide path and a transition period where we can get the government out of this, but there are many countries around the world, canada, for instance, has a home homeownership rate hr than ours, and they don't have this level of involvement. you can do this in a way where you can get a relatively high home homeo...