Mr. Tom O'Connell:

I think that was an element of it, yes, but, I mean, commercial ... the commercial property area, I think, was covered ... was covered to some degree. Vacancy rates would have been flagged, for example, rents and commercial property would have been flagged quite a lot, but I ... as far as I can recollect, there was probably only one special article on commercial property, maybe in the 2007 financial stability report. You could argue that it should have been treated more extensively at an earlier stage, I think, on reflection. That's probably right, yes.