John Curran (Dublin Mid West, Fianna Fail) | Oireachtas source

I thank the witnesses for their opening statement. Before opening up to questions from the floor, will Mr. Davitt expand on the point regarding the loan-to-income ratio for first-time buyers? He advocated increasing it from 3.5 to 4, or 4.5. What underpins that? The concern is that it might just inflate prices, meaning affordability for the first-time buyer might not improve.