Is Real Estate a More Risky Asset Than Real Estate?

I think it's such an interesting discussion because it's so closely related to how we invest in real state. What's pushing real state prices up as lower cap ratesor lower interest rates. The other thing that's pushing a real state up is higher rents. And you know, if you've got inflation, you're presumably your companies have inflationary profits. If they can then produce more cash flow through the inflationary profits, and you can make sure you capture that cash flow, makes for amazing insurance.