Yeah.

And again, not every performa's like this, but I just went through this with my team at KV Capital.

We have a particular project, and we sensitize it based on interest rates going up and going down, and, you know, for every 25 basis points, a quarter point increase, all things being equal, it affects our output at the end, the IRR, our exit, by about a percent.

So if your project is looking at, say, 18%-

The entire crew of 15 or 20 guys.

And yet the unemployment rate is still not considered way, way low.

So there are, there are, there are...

And I'm not de- determining who's skilled and who's not skilled, but that, that ki- kind of surprised me.

I mean ...

You know, as a developer, you have to believe in unicorns and rainbows.

You have to think that it's all gonna be the highest it can be too.

And what's interesting for me is, is sort of my current role in life is, is now I'm a partner with KV Capital, which is an Edmonton based, uh, lender, a real estate capital provider.

And for me, getting more, um, focus on the lending side is you see where the lenders, we get so many developers come to us who are thinking about the unicorns and rainbows, and from a lending perspective, you really have to understand the downside.

Because as I've learned in my 36 years, it's debt and over-leverage that will kill companies, kill projects.

Right.

Joint venture, you're at the table.