Mr. Owen Keegan:

Clearly there has to be an element of subsidy or otherwise people will effectively be charged market rents. I think there is clearly a role for the LDA to perhaps take the lead here rather than have individual local authorities and approved housing bodies all competing. The State would be better if one agency took the lead and I personally think it might be the LDA. But there will be a need for a significant level of subsidy if we are to achieve appropriate rents.