Thank you very much. I agree, for sure, that there is a housing crisis.
To tag onto that, can you go through the biggest regulatory challenges you would face in adding to an affordable supply of rental and housing units, and what that breakdown would be with different levels of government? Specifically, at the federal level, one example is.... I've read reports about the different tiers of the step code and how that can add to the cost of housing. Although energy efficiency is very important, it adds to cost.
What are some of those different regulatory challenges that affect affordable supply?