Michael D'Arcy (Wexford, Fine Gael) | Oireachtas source

There are 2 million residential properties in the State. The 2,700 owned by or in the possession of REITs account for less than 0.15% of that amount. I do not have a breakdown of how many properties are owned or rented, so I do not have an exact figure, but we would not be discussing the other 99.85% of properties. REITs are an easy target and some may be doing things along the lines of what Deputy Boyd Barrett outlined. I cannot stand over those things, nor can anyone else, but that is not a discussion on the 99.85% where people can be found treating their clients even more poorly than that. There are 2,400 apartments with I-RES and 300 apartments with Hibernia REIT. We will try to get the information but, in the grand scheme of things and to be frank with the committee, I would prefer to discuss the 99.85%, not the 0.15%.