Mr. Brian O'Gorman:

To be perfectly honest, I do not think it will make a material difference. We still will have the challenges of them being one-off properties. The additional piece is not just the cost of managing and maintaining single units but also the condition they are in, as the Deputy pointed out. One of the issues with regard to mortgage to rent which is not, as the Deputy said, a million miles from this if that often people would have stuck dodgy extensions on the back of the property, and this kind of thing. We can see the situation. I have two daughters who bought houses recently in Cabra and it would have been better if nobody had done anything to the houses and just left them as they originally were. They would have been much better off. Inevitably there is the dodgy extension at the back, the attic extension which there is no planning for, as the alleged third bedroom and this kind of stuff There are also those issues. The mortgage to rent properties are often expensive and require extensive remodelling to even make them compliant in a lot of cases and to get lenders to lend on them. I suspect there will be the same issues with these properties.