Mr. Brendan Burgess:

Let us take the Deputy's value of €270,000; 10% of which is €27,000. If I want to buy that house, I have to borrow €363,000. It has all gone wrong. It is just not possible to achieve everything we want to achieve. If the Deputy agrees that houses are overpriced, then he should be telling people to rent until house prices come down to the right level. That, by the way, is another very risky strategy because it is possible that Deputy Mathews is wrong and house prices are fairly valued.