Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. I'm just going to wrap up on just a number of items so. One was an issue touched on Deputy McGrath there, and it's the housing report that you published in 2003. There's a footnote, I think, where ... that specifically relates to yourself in terms of further information, if it's required. It would indicate at that time that there was still time to take action to cool down house prices. You referred earlier to the Bacon report, okay, the measures were in place, they were then removed, but the graph hadn't, and evidence earlier to this committee would show that the graph increased significantly 2003 onwards. But in 2003, there was still time. So can I ask you what action did you take, if any, regarding to the findings of this report, and if no actions were actually taken, and what I mean by specific actions is that you go in and you put a tight position on something, what actions, if any, were taken? And if they weren't, why not?