Mr. Tom Considine:

I'm not sure it was a result of the Bacon report. What happened was, as a ... what was seen to have happened as a result of the Bacon report was that the effect of it was to reduce the amount of people coming into the buy-to-let sector and it drove up property prices or, it drove up rents. I think the fall off in house prices, it's probably as much to do with the downturn in the economy.