arab countries, along the persian gulf, western europe and maybe united states through venezuela hourks do you deal with those realities of a nuclear iran? >> yes, sir. es one. >> maybe possible -- >> could you clarify the question? >> we talk about the fallout of it by israel and united states on iran, but also i think people are getting the serious reality of nuclear iran. i know sunni countries along the persian gulf are extremely concerned as well as the united states in the region with a nuclear iran with the government we have in place in iran. >> i don't think there are any elements that necessarily would view a nuclear armed iran as a positive. on the contrary i think it's an endless list of negatives that would come around if you had further spread of nuclear weapons in the region. but we have to take a step back here because that's not what we're discussing. we're not discussing whether iran should or shouldn't have nuclear weapons. what the negotiationers being focused on is whether there should be any enrichment in iran and under what circumstances. we are taking this issue

this is their third hourks second house, fourth house, so they have the financial balance sheet to getisy chain of buyers down the line to a lower price point, it's an issue, there's no question about it. and that affects us in terms of the food chain. but for our client, it's not an issue. >> how significant would it affect you in terms of the food chain? it's an indirect impact. >> yeah. the buyer of our client's home may have a difficult time getting mortgage. we don't sell our homes contingent upon the sale of the existing home. we're not seeing that as the big issue. the big issue is confidence and that seems to be back in a big way. >> we're seeing that in the numbers as well. you're finding opportunities in gulf courses. talk about that. are you looking to diversify the portfolio at toll? >> we own and manage some golf course communities. to have nice communities we run the golf course, make sure the golf experience is the best, the food is the best and we have done that by default. it will be a part of our business in the future but not as big as we diversify into more urban, m