Simon Harris (Wicklow, Fine Gael) | Oireachtas source

Perhaps Mr. Brown is just a straight shooter in terms of the way in his opening address he stated that there is a cost to living in a home. That is a fairly basic concept that most of my constituents, including those in mortgage arrears, appreciate. Obviously, there is an issue, and we have heard from Mr. Brown's colleague chief executives across the banks, of what some call strategic defaulters. Can Mr. Brown expand on that? He spoke to Deputy McGrath about it but how big a problem is that? What percentage of the people who have mortgages with Ulster Bank does Mr. Brown believe do not accept that there is a cost to living in a home?