Mr. John McCarthy:

Absolutely.

I will now deal with the issue of high rise. High rise is ultimately a relative concept and sometimes it is better to talk in terms of higher rise because there are probably locations in parts of our main cities where houses are fundamentally two storeys high. Even going to three or four storeys in those locations would not be considered high rise by many people but it is certainly higher and potentially a better and more efficient use of land, with all of the climate benefits flowing from that.

When we talk about high rise, people automatically assume sometimes that we are talking 20 or 30-storey towers all over the place, that is not the case, it is the concept of higher relative to two storeys and how we can move from what is a very low-rise scenario to something that makes better use of land and provides us with a way of achieving what the national development plan provides for. I will ask Mr. Hogan to comment as he is more expect on this than I am.