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I have been thinking of this article, in which I read recently. In its entirety I believe the author answers his own questions, in regards to barring entry to the market but does try to avoid that it is regulation in the one aspect where when regulation was repealed to let smaller competitors compete...
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Found this during my morning internet rounds... (from: http://survivalacres.com/wordpress/?p=1211 ) January 11, 2008 Legendary Funds Manager Julian Robertson Predicts Utter Global Collapse Stemming From Bursting of Property Bubble In a recent interview on CNBC with Ron Insana, one of the “old-timer”funds...