A number of them have been attempted here in the region, and every one has not been a success. The costs have been more than that of starting over.
When we're talking renovations, there are two types: major renovations where you're going down to the studs and things like this. I don't believe we should be doing that type of renovation; it's not cost-effective. We should be taking that building down, and building a new one.
When we're talking minor renovations, such as changing windows or replacing a roof with something more efficient or something like this, there absolutely are benefits.