Mr. Terry Sheridan:

If one looks at the figures that are indicated by various other sources that monitor the sector, one will see that there are about 30,000 properties nationally. A global estimate would be that half of those would be non-principal private residences and the other half are home-sharing. The 15,000 non-principal private residences are the properties that will come under these new requirements. I am not saying that they will all be refused planning permission but a certain proportion will be, having regard to the new planning guidelines. There is potential for a significant number of properties, particularly in larger urban areas, to be transferred from the short-term sector back to the long-term sector. The 12,000 figure might have been a rough, back-of-the-envelope estimate. There is potential in the larger urban areas.