Sure. Thank you.
If you think about the counterfactual, for sure somebody entering the housing market is going to pay a lot for a house. The value of that asset is quite large. If you think about a senior who is, perhaps, downsizing and moving out of that house, who is selling their asset, their cost of living isn't going to decline as a result of that. They're still facing the same costs of consumption that they were prior to the sale of the house. Their wealth, the cash assets change a lot, but the cost of living doesn't. The CPI really focuses on that cost of living, the cost of owning that asset, not of the value of the asset itself.