Let me address that. This is an important area and one we've given quite a bit of attention to in terms of looking at the balance sheet of the household sector and working through different scenarios in terms of how that balance sheet might be affected, for example, by increases in interest rates or declines in house prices.
At the aggregate--and I emphasize at the aggregate--when you look at the household sector balance sheet, and in particular, debt service ratios, which remain very low, we are not concerned that we are in some sort of a serious situation at all. Indeed, although interest rates have gone up somewhat, interest rates, including mortgage rates, remain relatively low, and that's a byproduct of low and stable inflation. We can't forget that.
We also do analysis in terms of the distribution to ensure that even though at the aggregate there is not the risk that across the distribution of households there is a vulnerability. That's an area in which we haven't done as much research as we would like. We have done some. In fact, in our upcoming financial system review that will be out in a month and a half, this exact issue gets addressed. The research to date again suggests, from a distributional point of view, there is not a serious problem.
The third element--