What is needed to solve a housing crisis is a comprehensive plan, and that's what we have. It is multifaceted, and it addresses the problem from both a demand and a supply perspective. We are starting to see the green shoots of Government action in housing; we are starting to see positive signs that we are turning around this multi-decade crisis. Forty-eight thousand new homes were consented in the year to December 2021. This is the most number of consents since records were kept. This is up 24 percent on the December year-end figure the year before. We are starting to not only see consents but that supply come through. And we are seeing that, where supply is coming through, we are having lower house-price growth and lower rent growth—evidence of Auckland. 