John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

That is fair enough. Senator O'Keeffe and Deputy Higgins posed the question earlier of why such investment was directed towards property when he was talking about the amount of money invested in the country. In his answer to Senator O'Keeffe, Professor Lane touched on tax incentives in the property sector. At what stage does he believe those incentives ceased to have a positive impact? Were they ever required, in terms of boosting activity in property development?