Dr. Robert Kelly:

It depends on whether we are talking about institutional investment, which is much more of a build-to-rent model to hold the assets long-term. To be honest, ultimately they will be dictated by where the demand is. If the demand is really high in Portlaoise and other towns, they will arrive and they will follow wherever the return on capital is. There is another issue, however, that the Senator may be getting at. If there is zoned land that has services and so on, how do we take what seems like a great opportunity for small builders? How do we activate some of what we are talking about? Maybe there is the potential for State-triggered funding for more modern construction, if the land is ready. This is a perfect example of why the Senator could be arguing that Laois should be adopting these and should be seen as being at the forefront of some of this. Especially if the demand is there on the other side, it makes perfect sense.