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Because the leverage in the real estate market is the lowest i've ever seen it and prices are at historic highs. >> they're not financed? >> they're paying in cash. and these are people that recognize the value of inexpensive money, but at the same type, the time, there is m they're sitting on and instead of putting it in the stock market, they look at it as a secure asset class. they can use it, rent it, own it. >> but who are these buyers? i know during the break you were telling me they're very different. $180 million penthouse are foreign buyers. who are the big believer in real estate? >>...

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