Ms Margaret McCormick:

I am keen to say that everything is being based on new rents not on existing rents. The amount of new rents with the Residential Tenancies Board index is something like 80,000 per year. Most people are in accommodation already and are on rents substantially below market rent. The daft.ie website did research on this. The company said that existing tenants were at a rate of 25% below the market. We are looking at all the new tenancies. Legislation and everything else is being based around it, whereas the other people that are being-----