Rt Hon JACINDA ARDERN: This is actually a very good question. If you look back at the annualised increases under this Government in the last term, according to CoreLogic, they sat at 4 percent. You compare that, for instance, to the previous Government, where annualised figures sat at nine. In the last month we have seen extraordinary growth. Now, part of the issue is not just domestic. If you look overseas, nine out of 10 democracies that we compare ourselves to, and economies we compare ourselves to, are having exactly the same issue. Low interest rates are being used globally to stimulate growth in hard-hit economies through COVID, and members of the public—even in jurisdictions where they have things like capital gains taxes or their equivalent—are investing in property. And so that is part of the issue, but low interest rates are also benefiting first-home buyers. That is not to say there aren't other levers, and we are investigating all of those to try and get it under control. 