For 5+ years we had liquidity from SIV, CDO, XXX, etc. Every one got rich. When this type of finance became to abundant this did not result in inflation. This type of liquidity has now DIED. And being replaced with MONETARY POLICY from central bankers, and when there too much of this you get INFLATION. Hence Dollar will sink, and hard assets will rally. As Property is an inflation hedge, so this must help see some asset appreciation in some parts of the world. This means we could have a market were inflation adjusted returns are very poor for YEARS. Hence 1970's.