Dr. Robert Kelly:

I agree with the way the Deputy is framing it, in that the delivery of the number of houses is below the level we would say is needed in terms of demographic shifts and that. We did a piece a number of years ago that came up with similar numbers, in the mid-30,000s. As we have seen things develop, that is probably a lower bound in terms of what is needed to meet the demographics. We do similar market intelligence as part of the quarterly bulletin and it is linked. You will generate more labour to live and work in areas if there is accommodation and housing so there is an interlink between the capacity constraints in the labour market and the availability of accommodation. You will hear a lot of firms talk about how they are taking steps to increase or rent out large amounts of accommodation to put their workforce in, to make it more attractive to come and work for them. Hotels are being used for this as well.