Mr. David Moloney:

There are a lot of different issues relating to the cost of housing. A lot depends on the area and the particular housing type and mix. In respect of the issues referred to by the Deputy with regard to differences in what Dublin City Council might see as the average cost of housing and what the Society of Chartered Surveyors Ireland might see or indeed the work of the Irish Government Economic and Evaluation Service, IGEES, on the type of housing, they show very different numbers. In particular, if we go back to the IGEES reports on housing, we see a study of the price that was paid or the cost of building housing. That was considerably lower but the issue does turn around the quality and mix of housing and whether one is comparing like with like.