Mr. Vasileios Madouros:

I will make just two high level points. As the Cathaoirleach says, the current state of the housing market is challenging for many people, not just those looking to buy but also those looking to rent. It is challenging and it is really important that the policy focus is on the underlying factor behind a lot of what the Cathaoirleach is saying. The underlying factor is this imbalance between supply and demand. Addressing housing supply and increasing housing supply is the underlying economic issue here.