maria: because valuations are right now? >> particularly brazil. maria: you invested a lot in brazil. what are you doing in brazil? >> well, invested in the largest parking operator in the country. maria: that's right. >> that was done at a time when nobody was interested in brazil, so hopefully we got a god deal. maria: let me go on the other side of the coin and ask you about the u.s. because the valuations are way up in the u.s. and you've always been so smart in terms of timing out this market, are you a seller because of the prices where they are in the u.s.? >> well, i think that, you know, real estate market has been extraordinarily powerful for quite sometime and it's very slowly but steadily improved since the bottom of the recession. what we haven't had during that period of time is significant news supply. we are now dealing with significant new supply in
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