Ms Laura Behan:

I thank the Deputy very much for the question. The underpinning rationale for that is essentially that the market value of a home is the value of the property that the purchaser is buying. That home would sell for that value on the open market. The purchaser is getting an opportunity to purchase that home at a really significant discount from market value. Over time, he or she will buy out the equity share held by the local authority. That will feed into an affordable housing fund held by the local authority and be used to make another home affordable to a future purchaser. In essence-----