Joe Flaherty (Fianna Fail)

I have a question for Ms Tobin. Many people listening in would be concerned about the state of the approved housing body sector, notwithstanding that a review has taken place, and Ms Tobin has alluded to aspects of that. It has 67,739 properties, just under €10 billion in assets and just under €9 billion in liabilities. There is very little headroom there. More concerning is that nine of the largest players control 73% of those properties. Does Ms Tobin think we are on a cliff edge with this? It has happened with one group. I was not wholeheartedly enthused by how the Department reacted to this and that it did not know sooner there was a problem. Would the Department be worried about the AHB sector?