Mm.

I don't know when the last time is we've ever seen a 50% reduction or, or call it 30% reduction in condo prices this quickly.

And, and like I was saying before, there, there's ways to, I would say, defer a loss, and, and I'll get into that with a specific example, really deferring the loss to a future point in which you hope that the real estate value goes up.

So, so, you know, we both live in Toronto, and there is a project called the Woodbine Mall project, okay? Woodbine Mall, a well-known lender, lent about, I don't know, it was $200 or $300 million into that project.

And ultimately, ultimately, the borrower couldn't pay back the loan, okay? And the borrower went into receivership, so the lender put in a trustee like me, I think it was Ernst & Young, who ef- who effectively took over the mall and decided to list it for sale.

Now, the economy isn't great.

People don't have, you know, 3 or $400 million lying around, which is what was needed in order to pay out this lender.

Hmm.