Some people say to me, "Don't hate the player; hate the game." Well, unfortunately, the legislation that we are passing through its second reading this afternoon continues to leave largely unaffected those rules which entrench exactly that game. According to CoreLogic, since March 2021, when the Government announced these policies of removing interest deductibility and extending the brightline test, the average house price in Aotearoa has increased by 22.5 percent—over $190,000. Those gains alone are over three times the median income before tax, and we know that most of those massive capital gains will not, in fact, be taxed. 