Thank you very much. Sorry—I did put in a last-minute request to participate and I'm very thankful for you allowing me to contribute. Thank you for the question, of course.

Of course, one welcomes any steps that the Government can take in order to tackle the housing crisis, and I welcome what you've just said, namely that you are looking at exemptions for buildings with particular conditions placed upon them. It would be good to hear a little more on that, because that clearly is a concern, but I do hear what the benches at the other end of the Chamber say, that they are concerned that the sector will be damaged. But wouldn't you as a Minister agree with me that the greatest challenge for this sector in reality is not these regulations but the huge growth that we have seen in Airbnb, Vrbo and these other platforms, which are suffocating the sector with very many homes and availability of rooms, which means that those indigenous businesses who want to succeed are having difficulties, because there are too many homes such as Airbnb available, and that the regulations that you're looking at to regulate Airbnb are going to help to that end? This will also help to weed out those owners who aren't serious and are seeking to make money on the back of our communities.

Also, just to say that I am aware of an example in my constituency where owners of holiday accommodation have decided to convert that accommodation to be for local tenants. Would you welcome that kind of development too?