``... say 50,000 homes sold in the Las Vegas region alone last year (say an average of 50 percent all cash).  That is 25,000 homes that were bought with 100 percent equity.  You would need 500,000 equivalent 5 percent down regular home purchases to have an equivalent amount of equity from this investor deluge!  In other words, nearly 10 years of regular home purchases.  You can apply this to other large investor markets as well.  So when you look at the below chart, we have been on a race to inflate equity quickly but how much of this is because of the cash crowd''

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