Well, the clientele we deal with are living in poverty, and those folks don't usually get loans to buy a house.
I've been following this just personally, this whole idea of people being in debt, and I know that a lot of it in Toronto is driven by the high housing prices and people being over-leveraged. If interest rates were to go up by 2% or 3%, people might have to walk away from homes. Those people will be looking for rental housing and there's not enough of it.