Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

Absolutely. My point is a different one. The LDA is locked in for 40 years or more. It has to recover costs I presume; although I will come back to the financing model as I have some questions on where that has gone. In a rental market, market rents are made up of two types of rent; namely, the new asking rents, which LDA rents undoubtedly are below, and existing rents. It is highly likely, not in the short term but at some point over the next 40 years, that all market rents could start to dip. Many people have expressed a concern, including other providers of cost rental, that at some point the LDA's rents could fall below even new market rents. That is a real risk. I am wondering to what extent is the LDA modelling and checking that risk to ensure that it is insulated against it. Mr. Coleman is absolutely right in that if new asking rents in that area ever fall below those of the LDA, it would be losing tenants. That would be a significant amount of public money, as well as hard effort from Mr. Coleman and his staff, that would be at risk. Is this something the LDA is assessing? Has the LDA modelled it, given what is known about rents in the long-term?