I do not agree that the Minister should have rowed back on the recommendations in the Bacon report last year. I said at the time that I wanted him to row back in certain areas and for certain types of housing so that investors would not be in opposition to first-time buyers. He chose to take the broader, easier way which he said would work. Some investors are now getting their tails burned and that may continue to do so in the near future. The coming year will indicate a great deal about the housing market.