Joan Burton (Dublin West, Labour) | Oireachtas source

A builder can construct 20, 30 or 50 houses and get credit flows. However, a builder might be renovating rooms, etc., above shops in cities and derelict areas of towns. A builder doing five, ten, 20 or 40 apartments will need to have a credit supply for the complete development. That person cannot sell one apartment and plan on the next year completing the next three or the next 20. That seems to be an enormous problem for medium-sized builders, who, admittedly, often have impaired credit ratings.