Eoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

I will continue the conversation about cost rental and CREL. I am not sure I agree with Ms Timmons that the concept is proven, in the sense that there is a concern, as she knows, because a lot of the cost rental that is being delivered at the moment is turnkey and has construction costs arising. Then, rents are rising. Some of the most recent cost rental developments, both in Delgany and in my constituency, have rents of €1,450 and €1,550 for two-bed and three-bed units. While that just about fits the criteria of the scheme at the top end of the income eligibility criteria, it does not necessarily at the bottom end. Is there a concern or consideration about how to bring that rent down, for example, by restructuring the finance over a longer period, as they do in other jurisdictions? As part of the review, has any consideration been given to raising the threshold? That would fix one problem but it would not necessarily fix the affordability problem for those people above the threshold for social housing, who would really struggle with cost rents as they are coming in now because they would be hitting 40% of net disposable income, for example?