I believe house price falls in the order of 1.5% are healthy for NZ and therefore good in the longterm for Summerset, I don't expect many on here will agree with this "pain today, gain tomorrow" mentality. But hey, I have held Summerset shares for several years now and don't expect to sell unless their business model seriously deteriorates which will most likely occur due to regulation (i.e. another GFC will not cause me to sell), in this case the lower the share price the better for me as I can buy more. Having said that, they keep increasing in value so they are at max portfolio allocation, just need my other shares to increase more so I can buy more SUM!