Ms Ann-Marie O'Reilly:

The Deputy's first question was on the level of potential rent increases. It is beyond our remit to be able to project that. Based on individual property analysis done by the ESRI for the RTB, we see those jumps in rents at the turnover of a tenancy. Off the top of my head, it was somewhere around 8%. Maybe it was higher than that. I am sorry, I cannot remember. However, we have the potential to see that. If we have a situation where landlords are choosing to take on shorter term tenants, we could start to see these jumps in rents every year. In the context of this and maybe in light of a couple of the announcements we have seen recently, we have not necessarily seen modelling to show what the impact would be on rents and supply. Obviously, the other side of these proposals is to entice institutional investors to invest and build more. We have not seen that yet, so we can only guess on the basis of the limited information available. Mr. McCafferty will speak to the other question.