If I could guarantee that, I would probably trade places with you. There's no guarantee, but the market is always the market. We've seen a general reduction in rents in British Columbia over the last six to nine months. I think that will be borne out by the fall CMHC study. The market is such that there aren't as many people looking to rent. There aren't as many people able to pay higher rents. There is obviously a balance. A landlord must receive a return on investment and sufficient money to operate and maintain his or her buildings. I'm confident that if this were put in place, one of the results of a change in the capital gains taxes--and they're discriminatory taxes--would be more rental stock. As with any other portion of the market, supply and demand applies in our industry as well. If there's more rental stock available, generally speaking the cost of that rental stock will decrease.
On September 28th, 2009. See this statement in context.