Paul McAuliffe (Dublin North West, Fianna Fail) | Oireachtas source

I welcome that. I believe that the local authority-led shared equity scheme is a huge positive. It sometimes gets lost because of the shared equity loan. It would also be the cornerstone to building public housing on public land, which is a significant departure for the new Government. It is a really important measure. There has been some focus on the shared equity scheme, but would Dr. O'Toole accept the Department's argument that regional caps, to limit it to new builds, and it being a short-term measure for one year or two to stimulate the reluctance of the current market could actually act to stimulate it? If it was kept with all of those limits of regional caps, new builds and short-term, could it have a positive impact on the market?