Thank you, Peter Fox. You've raised one country—can I just throw some others back at you? Denmark, Estonia, Lithuania, Russia, Singapore and Taiwan, some regions of Australia, Mexico, individual states of the United States of America. Land value tax removes the financial incentive to hold unused land solely for price appreciation. The selling price of a good when it's fixed in supply, such as land, does not change if it is taxed. It costs nothing to store land, it isn't going anywhere, and it will almost certainly be increasing in value with time. I fully support the introduction of a land value tax in Wales. It's a good way of raising money for the benefit of the people of Wales.