Joan Burton (Dublin West, Labour) | Oireachtas source

There were raised eyebrows as Deputy Mattie McGrath described this phenomenon as if people were not familiar with it. I am just saying it is a really important phenomenon in modern Irish finance. We hope there will not be another crash, but if there is, this could be the source. I ask the Minister if the Department is mapping it and whether it knows where and how it is happening.

There was a developer on radio selling one-bedroom apartments as rental properties on the edge of Clare Hall, Coolock and its environs. The developer stated to Pat Kenny on his show that the likely rent for a one-bedroom property in a permanent rental model would be €1,600. How will the young people renting that one-bedroom property at €1,600 be able to afford to buy a home?