I hope the Member sees some of the irony there in the way in which the Conservatives have opposed our efforts to take action on the second homes situation, when, as the Member says, people are struggling just to buy one, and, for many, it will always be unattainable. So, this is one the reasons why we are taking action on the second homes issue. But, in respect of our starting rate for land transaction tax, that starts at £180,000, so our main rate starting threshold is substantially higher than any other part of the UK. And in the year to date, this has meant that the majority of residential transactions in Wales are below that threshold, and this isn't the case for other countries in the UK.

Most first-time buyers in Wales still benefit from paying no tax at all, but with our approach, other hard-pressed people can also benefit from paying no tax. Because, actually, the average house price in Wales is £204,835, but the average price for a first-time buyer is £175,908. So, you will clearly see that the average first-time buyer is able to purchase that house without paying any tax at all.