Ms Caroline Curley:

With regard to the affordable price, the issue with the notion of affordability is to do with the percentage below the market value at which one can deliver a house. The difficulty we have in Limerick is that our market values are quite low and our build costs are high, so it is hard to come in below 15% for purchase and 25% for cost rental. I do not really have a price that I can give to the Senator. As my colleagues have worked a lot of examples, they may be able to give the Senator a better idea.