Thank you very much.
My last point is just a comment, not a question.
When I asked about the purpose of this act, Mr. King talked about raising taxes and how that would presumably help fund some of the housing programs the government is trying to put in place to help address the housing crisis people are facing. I certainly agree with that.
The other point I will make is that, clearly, putting in place a tax on vacant properties owned by non-residents would incent non-residents to make sure that their properties weren't vacant, which I suspect will help address the supply problem we've heard about in this committee in terms of housing. Presumably, this would help increase the supply of housing that is out there, which of course would address the skyrocketing prices of housing.
I thank you all for your time today.