Mr. Jim Brown:

From my perspective, the bigger issue is acknowledging that there is a cost to being in a home. If we look at our average mortgage and the average cost to rent, our mortgages are the same or even less than rental payments. Certainly, our repayments are considerably lower if we end up agreeing something like an economic concession. From my perspective, the key issue is to work with customers on a case-by-case basis to examine their financial situation, and for those who are not engaging or choose not to pay, to come to some realisation that there is a cost to living in a home. In our view, it is probably better for them to be talking with us and coming to an arrangement rather than to lose their homes and going out to rent.