I think the real estate industry as a whole is much more disciplined today than it ever has been. Accounting for Accounting I would like to extend the transparency conversation. You commented that, from a supply standpoint, the real estate industry is more disciplined than ever. I would think not. I think that further clarity is everybody's goal.
Uniformity is everybody's goal.
And I suspect that over the next few years you will see additional changes. We didn't hear a lot of talk about accounting issues in 1996 and 1997 when the going was good. Of course, of course, of course, by definition. It takes a lot less reasoning to buy a stock than to sell a stock. And right now that is what the real estate industry is.