They said (BULLS on KUDLOW show) for most of 06/07 that housing makes such a small part of the GDP, 5% or so. So dont worry about it. Don Laskin and others ( who currently has changed his trade to commodities, from blue chips, funny that !) Funny how housing has been responsible for 83% in Financial stocks profit decline and still counting. Case Shiller index down 10% YOY, or $2 Trillion in value of consumers wealth.