Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source

On that point, has a cost-benefit analysis been done and, if so, has leasing been included as well as HAP and RAS? Leasing is very current. I can see it in my area, where a whole estate may be leased. This is being done for 25 years, with a rent review every four years, at almost market rents, and then the house will be returned to the developer after it has been refurbished before the end of the lease. We then have no asset and nowhere for the tenant to go. For the life of me, I cannot figure out why this is being done. The Department is really only paying the mortgage for the developer in this case. Why would we be pursuing this course of action? Have cost-benefit analyses or value-for-money assessments been done on the schemes? The money going to HAP and RAS is coming out of the current account. It is difficult to figure out where the Department is going with this approach.