We are at %5 now. 1 to 5 is 5 times. 3 times more is 15% where they will stop. House prices will be one third where they are now. With commodity prices where they are what happens to builders forced to sell below cost ? who will survive ? 35$ target is too high. I say kbh, tol, len, ctx, at least half will be gone in a couple of years.