Séamus McGrath (Cork South-Central, Fianna Fail)

I wish to pick up on the trend there. The RTB's opening statement indicates there has been a 4.6% increase in the first quarter, which is contrary to much of the commentary we hear about landlords getting out and so on. However, it is fair to say that new tenancies would be disproportionately on the larger landlord side than the smaller landlord side. Would the witnesses agree there is an issue with smaller landlords?