Imelda Munster (Louth, Sinn Fein) | Oireachtas source

These big developers, who have already got forward purchase agreements with the investment or cuckoo funds, are capable of arranging funding themselves and capable of formulating a business plan and going to the banks to get that because, let us say, they are in a far more comfortable position than a small- or medium-sized developer. In giving that money over, it seems to me the equivalent of the local enterprise office helping out Pfizer. On top of that, there are not going to be any owner-occupier homes out of it and it is just going to be apartments sold on to cuckoo funds so they can exploit the out-of-control rental market here. Does Ms Deering have any view as to the rent that might be charged when doing that?