No, sorry, we haven't done any modelling on that. You might be asking the wrong person. I did work 36 years at Statistics Canada. As you mentioned, we have lots and lots of models. I'm not sure I believe any of them. It was the models that got us into.... For example, my skepticism towards models was reinforced and solidified by the behaviour of banks running up to the 2008 financial crisis. That was all due to models—models based on, “Oh, house prices will never fall at the same time across the United States, because that's never happened before, on record.”
I'm very skeptical about the utility of models in a lot of these questions.