Ms Dara Deering:

We are funding only the construction phase of homes where finance is more constrained. At the end of that period, in the case of the private rental market, those units may be sold in totality and rented out to the market. In the same way as we fund a home to be sold to the private market, we fund construction only. We fund the house builders and, at the end of that, the property makes its way into one of the segments I mentioned. Obviously, one of the mechanisms to alleviate costs, whether in the context of the affordability point that one of the Deputy's colleagues mentioned earlier in regard to people trying to buy a home or in the context of the price point for rental, relates to bringing forward more supply, and that has to be our focus and use. We believe, given our mandate, we should use the finance we have available to bring forward supply across the board. We do not differentiate as to what the purpose of that supply is. We believe we should support all supply where finance is a barrier.