Between 1996 and 2005, house prices nationwide increased about 90 percent. During the years from 2000 to 2005 alone, house prices increased by roughly 60 percent – far outstripping the increases in incomes and general prices – and single-family home construction increased by about 40 percent. But, as you know, starting in 2006, the boom turned to bust.
In addition, the Group will develop a multi-year roadmap on sustainable finance to address the most pressing issues relating to sustainable development. This will help in prioritizing its activity, which will initially be focused on climate but will subsequently look at sustainability more broadly.