Mr. John McCarthy:

I was going to come to that point, which the Deputy has made well. That form of public private partnership was fundamentally based on the private partner getting a return from the market housing element, and that is ultimately why they failed - because the market corrected so massively at that point in time. There is provision in the social housing strategy for a public private partnership element in the delivery, but the crucial element is that we need to explore carefully the different forms that public private partnerships can take because, as the Deputy said, that experience led to a number of projects all crashing at the same time, because they were all dependent on a particular type of approach. We may need to look at aspects from the most basic of arrangements all the way through to more fully fledged public private partnerships under a design-build-finance-operate model and possible damage in that respect.