Dr. Rachel Slaymaker:

Yes. It is surprising, particularly when we see how the average rents are changing, that the vast majority are not seeing any change from one year to the next. It is also to do with the timing of increases. In that piece of work, we were simply looking at one period to the next. In a lot of cases, even in the rent pressure zone areas, many landlords will accumulate rent increases. They will not impose any rent increases for some time and then they will impose a bigger one at a certain point. In that sense, it is not so surprising. Nevertheless, the 60% figure is pretty high.