Short ETF's to Hedge Risk

[Aaron Peeler]

Has anyone explored using short real estate ETF's to hedge risk or even to fund down payments when the market slows down (even if it's not a crash)? I'm looking at ProShares Ultrashort Real Estate (SRS) or Drexion Daily Real Estate Bear 3x (DRV).

If you look at the price now vs the prices during the last recession it seems like you could hold a relatively small position and potentially really cash in if the market turns south again. You could also use the proceeds as a down payment on the homes that are "on sale" during the down times too.