I think it's fair to say that the cyclical nature of our industry is a given. In recent years the pace of change of that cycle has been almost unprecedented with regard to energy costs and the dollar.
Going back to your point about housing prices versus housing starts, I think you are talking about how the average price of a house is now over $300,000 in Canada. That includes resales. It's not solely based on new construction, which is obviously what we would be more interested in as that is where our product is going.
Housing starts in the U.S. are forecast to go from a current high of almost $2.1 million, down to roughly $1.8 million over the next two to three years, which is a big drop, although it does come down more to historical averages.