Commercial R.E. trades off of FFO therefore if that starts to go down it would most likely put pressure on the stocks. I am a believer that once you strip away all of the financial engineering that goes into FFO and all of the other metrics you are told to look at and get down to basics I don't see how rents don't come under pressure as a result of the internet, and the stagflation we are experincing. Customers have no job or no wage growth but gasoline, groceries, property tax, sales tax etc. have gone up. Something has got to give? Anyway I'm not a buyer of REITS with a 1 or 2% yield the risk reward is f--d up.