Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

No, I do not. That is where I differ from the Deputy. While I accept his point entirely that the disposal price of the land will increase, I believe the cash-flow impact of having to pay 3% on land that is increasing in value will be more significant than does the Deputy. He is correct that the capital value of the land will go up, but the cash-flow effect of having to pay 3% on land that is going up in value will be considerable over time.