Mr. Hugh O'Neill:

There was a recent session on costs and I am sure the Society of Chartered Surveyors will be able to add to this point. There is a lot of misleading information on costs and there are many instances where roads and services had already been put in place but the cost was written off. Every builder in the past number of years has set these works aside because of the cost of completion. They became a contribution to the debt and, if the funder was happy, a lot of these costs were written off, giving rise to losses. There are many examples of this, even in Dublin.