The Direction of Travel for the Property Industry Moving Forward

The fed is really winning this war they're not ready to declare victory but what we see in our portfolio companies is input costs really coming down now to less than two percent. We don't think this is 0809 in terms of a slowdown but you do have to anticipate some slowing of economic activity and an increase in unemployment. The labor market is starting to soften it's still pretty strong but i think that's going to be helpful as the fed looks forward now.