Mr. Maurice Deverell:

I will take the question about one thing that could be changed. To be honest, I would change two things. The first thing is that the bedsit ban was a mistake. It was a bad mistake when the Green Party got rid of the bedsits because it took out Lidl and Aldi and kept Superquinn. That is basically what was done. The prices were lashed up and the whole bottom tier of the market was taken out. The new legislation being proposed for the pre-1963 buildings and house shares is again taking out the cheaper, lower tier - the €600, €700 and €800 a month properties around Dublin. This is a mistake because it is having a massive effect from the point of people living at home until they are 40. If I let out a place, I will have more than 200 people coming to view it. I know only one person is going to get it, as do they. From that perspective, it has distorted the market incredibly.

The second thing I would get rid of are the rent controls. I can totally understand that if Eoin were here, he would be giving out to me, but, in reality, when we look throughout the world, which countries have done it properly? Finland has done it properly. It had the same system as ours - although it was not as punitive - but they got rid of it and it worked. Argentina has only been doing it for a year and half and it appears rents are now dropping and, according to The Wall Street Journal, supply is up 170%. The rent controls stifle landlords coming into the market, stifle supply and stifle everything. Until we have an increase-----