Mr. David Went:

And there were a number of ways ... factors that, in fact, led to probably, you know, the ability to borrow more than you would have been able to borrow two years ago. One would have been incomes rising. The other would have been interest rates lowering. The other would have been taxes being reduced. There would have been an extension of mortgage terms, you know, at the outset, because obviously if you ... despite the fact that your ... the average mortgage lasts for six or seven years, you know, if you price ... if you calculate something on the basis of 40 year repayments rather than 25 year repayments, that's a much lower amount of a monthly payment. So there's a whole series of things that can happen to make, you know, to give the ability to borrow more to a particular borrower.