Mr. David Went:

Could I just make the point about ... sorry, I just ... 40-year mortgages are a very emotive way of putting it. The average life of a mortgage in Ireland is about ... certainly for the previous 40 years, is about six or seven years. So, therefore, the actual ... the initial ... no, no ... the initial term of a mortgage is, sort of, irrelevant because people change houses. They move lenders, whatever. So roughly ... so the average life of a mortgage, and you can actually see that throughout the papers here, is about six or seven years. So the initial term of the mortgage is actually, sort of, irrelevant. It doesn't really matter that much because most people move houses. They get ... they decide they'd get a better rate from a lender or whatever, so, you know, 40-year mortgage ... it's very emotive I admit that, but it actually isn't that relevant in practice.