Well, obviously you don't buy an overvalued or speculative property. I'm talking about the dirt and building underneath an established business, like a fast food retailer, or, like I said, a government department.

For all the overvalued properties out there, there are still plenty which have maintained solid value based on solid cashflow from solid leases. As long as the lease is still going, then the value of the property is a function of the cashflow of the lease. The value of the lease is a function of the value of the tenant. If you do your due diligence all these mistakes can be avoided.