Matt Carthy (Cavan-Monaghan, Sinn Fein) | Oireachtas source

Have the schemes done that? This is the point I am trying to get at. Does Mr. Doyle accept that over the period of all these schemes, if we had spent an additional €1 billion on capital works we would be better off in the long term compared to what we are currently doing? At the moment, we are spending ever-increasing amounts. This €1 billion I am talking about is only going to increase under the current trajectory. We will be spending additional hundreds of millions of euro per annum, essentially in dead money, and at the end of the day will end up, in many cases, probably exacerbating both the house price crisis we are in and the house supply crisis.