2. Real estate equity and debt markets are closely intertwined: Most new properties are financed in part with mortgage-secured notes, and there is an active secondary market for both mortgage notes and real estate equity interests. Under what circumstances would prices in these markets most likely move in opposite directions?

5. Gambling is risk-seeking behavior and buying insurance is a risk-avoidance measure. Yet many people who gamble also buy insurance. How can these contradictory actions be reconciled?

6. If the U.S. dollar continues to weaken, how will that affect the U.S. real estate market?