"Yes, there are challenges and the real estate business will be choppy because as mentioned we've found we are not immune from national and global economic events as previously thought. Aspen offers a small town community with world class amenities within a highly restrictive zoning environment that for the past 40 years has has successfully protected its unique beauty and historic charm. There is every reason to believe that in an over-crowded and homongenous world Aspen's unique attributes will be in ever-increasing demand in the future."