It varies greatly from one city to another and from one project to another. There is, of course, the factor of market conditions. In some cases, as Ms. Volk explained, the time between a permit being issued and construction starting may or may not be extended. This is also true for construction. Sometimes, certain construction projects move much faster because the market is ready to absorb housing units. However, when the market slows down and housing units aren't absorbed as quickly, the pace of construction may slow down.
Of course, it also depends on the size of the housing units. It takes much longer to build a large high-rise apartment building, for example. In that case, if memory serves, based on market conditions two years ago, our assessment indicated that it would take one to two years. On the other hand, for smaller units, such as four- to eight-plexes, the process is much faster.