As you know, I am a numbers person. All I do is eat data all day long. That's all I do. I study StatsCan and CMHC data because, I guess, I'm old enough. That's my kick.
I study this data, believe me, and two years from now it's going to be much worse. The situation in the GTA, in Vancouver and in Ottawa is going to be much worse, because there's a lag effect. It's a pipeline effect. What's going into the pipeline now is far below what we need.