Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I know I am including second-hand houses. I am talking about the demand that is out there. I have stripped away first-time buyers. If we look at the overall number of mortgages that are being approved every month, it is 3,400. That is about 40,788 per year. In terms of first-time buyers, there will be about 19,000 mortgage approvals if the current trend stays static. Without this idea the Minister has, there would be a total of about 19,000 approvals.