Dr. Ronan Lyons:

Let us take the Deputy's example of the couple not being able to afford a €40,000 deposit for a €200,000 home, the real trick for me is not to give them so much credit that they can afford the €200,000 home but to get the cost of that home in line with their incomes. What can they afford to save and how can we ensure that the value of that home is in line with their incomes? As Mr. Deeter says it is a discussion for another day. It is about auditing the cost of building unit.