Dr. Ali Ugur:

I am aware of the ESRI study. The capital has been in place all the way along, especially since the financial crisis. I agree with Dr. Hunt's assessment on capacity, in that it does not look like we are going to solve the supply problem by throwing money at it. We need to be able to get the labour especially so as to increase capacity substantially. That seems to be to be the bottleneck in my view. Obviously, there are different structural problems, including planning problems, but if there were perhaps 50,000 houses to be built, the lending support for mortgages would be available.