Mr. John-Mark McCafferty:

The short answer to that is "Yes". The assumption is that had the moratorium continued, while the ongoing protection for existing tenants would be welcome, the unintended consequences of the impact on small landlords is clearly a factor because of the level of uncertainty in the system around how long this moratorium would last and whether this moratorium would be one of many. These are issues to consider. We need to join the dots going backwards and that will take time in regard to the data.