Mr. Fergus Murphy:

So ... well, yes, again as you know very well, the percentage of our GDP that was happening on the back of property development, property investment, became out of sync with global and European norms. And that is again - and I'm sorry to repeat myself and clearly, you're hearing this probably every day and you know it - you know, one of the biggest fundamental pillars upon which the Irish economy crashed and so, you know, your property industry again, similar to your banking industry, should macro speaking be growing similar to your GDP and given the multiple times over GDP property was growing at over a long period in Ireland, you know, it was a huge input factor to our crash and it's a huge lesson for us to learn.