Yes, I would concur with those comments.
The slogan we heard a lot of was that people would “drive till they qualify”, and that was really an indication of how, as you get farther and farther out of the major centres, the prices start to come down. Buyers were forced to move out along the major highways to find a community that they could afford to live in.
The work from home and the pandemic environment certainly further enabled that. We think that had a big role to play in the level of exodus, because, to your point, we already had affordability issues before the pandemic, but the whole shift in the work environment during the pandemic exacerbated that situation.
I think we are now seeing more of a return again, particularly back into condos. Whereas they had taken a real hit during the pandemic, people are now looking at them again as a viable form of accommodation, in particular if you are required to go back into the office for some number of days a week. That's important and good, because we want diversification back into the major urban areas. That's again another reason why we are also advocating for a lift in that maximum $1-million dollar cap.