Dr. Kieran McQuinn:

It probably does, to be honest. What it means is that if we are committed to a certain number of units being built, it may mean that to fulfil that, we will need increased funding. The Government has allocated quite an increase in funding through the Housing for All scheme and there is a significant amount of funds now pledged. It means that if we are going to look to meet the targets that were established in Housing for All and the other policy documents, the interest rates will affect the private sector's capacity to deliver. It may mean the funding may need to be increased if we are committed to achieving those targets.