I realize it's beyond your purview to comment on the supply of social housing or affordable housing or co-operative housing. That's not your role or your mandate. Obviously, it is one of the factors that the deputy governor just cited in replying to Mr. Fergus's question. It's something that people feel acutely.
When we move to these new rules, there are impacts on people who perhaps have a higher level of income, or at least a higher level of debt, and are able to afford a mortgage. Many of the people who are impacted most profoundly would not be able to afford a mortgage when average prices are over seven figures in most parts of the Lower Mainland for single family homes and, hundreds of thousands of dollars even for condos. It's a real problem.
What I'm trying to get at is whether in the modelling itself you track this. The modelling doesn't necessarily seem to indicate that you do—or you look at the figures afterwards. Do you take into consideration foreclosures and bankruptcies as part of the overall impacts of monetary policy?