Mr. Bob Jordan:

There is too much of a focus on NAMA. There have been more promises of NAMA properties than properties delivered. Some 2,000 properties were promised by the end of December, but that has not been the case. They have gone due to legal complexities and so on. NAMA should deliver whatever it can via the special purpose vehicle that will buy the properties in question, but the focus needs to move to whether we need to buy and build more social housing. There is no bonanza within NAMA. There is a greater issue, that is, facing into a housing shortage that cannot be met by the private rented sector alone.