I think it's clear that the demographic impulse we saw, particularly the increase in temporary residents, did have a meaningful impact. I think we saw it probably more in the rental market than we did in the homeowner market, but we saw it there as well.
You're absolutely correct that population, on a year-over-year basis, was negative for the first time this quarter. I believe most economists think this will now have the opposite impact on house prices going forward.
