Pearse Doherty (Donegal, Sinn Fein)

With rents of approximately €1,500, you are looking at a tax benefit of about €4,500 per unit, or somewhere in that space.

That would be of benefit to the LDA. The rate of tax in relation to the income would be 25%. On the cost of this measure, where does the Minister see things going? Is this in any way designed for the LDA to offload cost-rental properties to the private sector? Is this not really about the viability of building but actually about the ability of the LDA to sell on and to allow the investors to have a return? Obviously, they would benefit from the built-in return that exists in relation to the LDA, but also now from the uplift of no tax on rental income. Is that part of the Minister’s consideration?