Human Resources committee  First of all, I think one reason reverse mortgages have not been more popular is a blanket policy of slamming the door on salespeople with complicated financial products to offer. It is probably not a bad blanket policy in retirement, of course, because there are scams. That said, the U.S. and South Korea are the two markets that have the greatest market penetration of a reverse mortgage product.

Human Resources committee  A few of you have mentioned zoning and using federal enticements to improve zoning, and I'm going to expand beyond aging. If you want affordable housing, you cannot allow municipalities like Vancouver, West Vancouver, and affluent suburbs around Toronto to take land that sells for $20 million an acre and mandate single-family housing.

Human Resources committee  Yes, absolutely.

Human Resources committee  I hear you just fine.

Human Resources committee  Thank you so much, and I appreciate your being environmentally friendly and letting me testify without flying. In my seven minutes, in terms of seniors' well-being I want to talk about problems and prospects in the reverse mortgage industry, with a little bit of special reference to Canada.