Location: When do you see the real estate market recovering?
Mr. Holliday: Recovery in rents is going to happen when there is competition for space.
When do you see that happening?
I hope soon. It’s hard to project or put too much conjecture into when exactly that will occur. I look at things more trend-based. And I feel that’s going to happen sooner than later. In the near term. So whether that’s 12,...