In the report you are referring, I think what we saw happen essentially between 1996 and 2016 was a very, very low level of private rental production, roughly less than 10% of all starts, when a third of us are renters. That has increased massively in the last six years from 20,000 a year to 80,000 a year, so we have significantly increased rental construction, but that was primarily, as you say, on the private rental side. It was not specifically directed to creating affordable units.
Obviously, as Mr. Horwood has pointed out, the market doesn't create affordable units. We need the non-market sector, the community housing sector, to do that for us. With the lack of investment on that side, we're missing addressing the kind of issues that Tim Richter is talking about of housing that's affordable to folks exiting homelessness.