Thank you, Mr. Chair.
Mr. Higgins, despite the imperfections of the tax, I think everyone agrees that the problem of real estate speculation and the resulting scourge of the housing crisis, which this tax is trying to address, are real and well founded.
I know that there is also a housing crisis in the United States. So I would like some clarification, since we are in the process of considering the terms of this tax. On the American side, how are you fighting speculation and the housing crisis?