Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

Planning is part of the issue but there is planning for 27,000 houses in Dublin, which means the planning system has delivered in a way that can allow house building to start.

In terms of the NARPS model, which is a good model, NAMA has essentially created a model which is off-balance sheet that allows it to purchase or make properties available for long-term lease to approved housing bodies. That is a successful model which we can replicate. Perhaps we could do that through the Ireland Strategic Investment Fund, ISIF, in co-ordination with the Housing Agency to be able to make more stock available to local authorities but in particular to approved housing bodies, which have shown they are able to work such a structure effectively in recent years.