Mr. Owen Keegan:

We would agree on the first point. I made a point at the very beginning about one of the difficulties we are facing. Even on sites where we are supplying the land, we are confident that we can deliver below a market price. That does not, however, really meet our concerns as to whether it is affordable. There are real challenges in that respect and that is on sites where we have the land. On sites such as Poolbeg West, which is earmarked for more than 600 houses, we do not own the land. We have negotiated to buy the land from the National Asset Management Agency, NAMA, at well below the market price but it is still a substantial cost. That is proving very difficult. We are very conscious of the difference between being affordable and just being below the market price. That is a major issue. We will be going back to the Department to try to address how we can make these homes affordable as opposed to just below the market price.