 These big apartment buildings can take two or three years. So when they started raising rates, you're already in construction. You're about to start construction. You already have your loan. You finish the project. You keep all the people employed. It just keeps on. But then as those get completed, you go to start your next one. You say, holy cow, rates are a lot higher. Everything's more expensive. Maybe demand isn't there. And that's those permits. So suddenly, now we're not going to start a new one. We got to just hunker down here and wait and see if things improve.