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

Presumably the Department has some oversight on this. We have representatives from the Department of Public Expenditure, National Development Plan Delivery and Reform in a number of weeks ago and obviously it was one of the questions I asked. For example, there is a whole range of different housing options now. One of them is long leasing and it drives me absolutely bonkers because it is such bad value. New houses are leased, which are called "social housing products" by the people offering them. They are leased for 25 years with a four-yearly rent review, after 25 years there is a refurbishment, and then potentially they go back to the original owner or else there is an extension on that lease. There is no asset at the end. The person who is leasing is essentially paying the mortgage. It is really bad value for money. Is the Department of Finance consulted on that kind of thing? Is that considered a PPP, just part of the deficit, or how would that be counted?