Professor Eoin O'Sullivan:

I said a minimum of a year. I will not predict much beyond that but based on the data available to me and the decline in the number of registrations in the private rented sector, and given our dependence on HAP and homeless HAP to exit people and prevent people from coming in, that market will be increasingly squeezed. I can see very little on the horizon to suggest that between the squeeze on the number of units in the private rental sector, the increase in the new presentations to homelessness and the decrease in the number of exits from emergency accommodation in the first half of this year, it will be a productive area in the next 12 months.