> So if you're saying they're more affordable to the rich, sure. No, cash buyers are in an even worse position right now. A traditional 60/40 portfolio is down

> So if you're saying they're more affordable to the rich, sure. No, cash buyers are in an even worse position right now. A traditional 60/40 portfolio is down substantially more right now than the average home price. Cash buyers don't sit on actual cash, they sell something in their portfolio prior to closing.