Mr. Paul Mulligan:

I am just making the point that they were not part of the broadcast programme. Did young people buy property in 2007 that tumbled in value? Yes, they did; of course they did. Did the people making those programmes or the experts know this would happen? I do not know but I do not think so. There is a little bit of hindsight at play here in the sense that we know the bubble burst. The question was, when did it happen? It was probably going to happen and whether one was in before it or after it determined whether one was left with a burden or an asset. I wish we all knew then what we all know now but we did not.