Mr. Brendan McDonagh:

If demand is there, there are more and more people building and securing funding to build, because the prices they get makes it viable to develop. If one gets the 18,000 this year and one can increase the units delivered by 3,000 year on year, then that rises to 30,000 in four years. That is what I base it on. I believe that as demand is there, people will build more houses if they believe they can sell them. One can see that in the increases coming through in planning permissions.