All right what we’re looking at is the development of new spaces. Right now, there is a bill that was just passed which was able to lower the restrictions for parking and decrease the price of parking spaces. The article that we’re talking about mentions that parking spaces generally will cost 10 to $60000 of space. Moving forward, they’re actually trying to lower that cost and then lower the restriction for parking as well. And that’s because in California, we have a problem with housing shortage and affordability. And so if we are able to increase the supply of units by making it easier for already developed units to be able to be reused into something that can be turned into a unit, then you increase the supply, which decreases the demand and inherently is going to give you a more stable price structure as well. And so we do understand what they’re doing. This parking will actually probably be lessened moving forward. You will have these issues of having enough parking. Already, if you live in a big city, you already know about the parking issues. So it could get a little bit worse for you, but there will be more units, so hopefully you’ll be able to live a little closer to public transportation or things that you actually need to get to you. So thanks for listening. Take care.
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