my name is fred allerdice. i am a professional real-estate broker for over 35 years, marketing homes, condominiums, that's a trap on the waterfront. i take some umbrage with the previous comment that the amount of inventory of 800 units is about to be depleted in san francisco. i have a number of clients that have purchased real-estate in the last 10 years south of market, in this area, of which over 2000 are under water, meaning the value of their homes is less than their mortgage. the cannot sell their homes. they cannot do a short sale. they are basically up a creek. they would give their homes away today if somebody would take their position. those 2000 people would love to be in the market. it is not 800 units that have not been sold. it is potentially 2000 more just in those neighborhoods that cannot even become available. that is all over the bay area, all over the country. to make a preposition or supposition that another 180 condominiums need to be built based upon lack of supply to me is a fallacy. it