Mr. John Moran:

Someone who has a surveying background and who understands how real estate really works. Real estate is exceptionally complex and, to the best of my knowledge, no one of that qualification works there.

There should be an extra panel, not necessarily of the regulatory bodies like the Society of Chartered Surveyors, the PRSA or other professional institutes. The CEOs of the main estate agencies, like myself, or of REITs can give really valuable insight to Government as to what is happening on the ground. If we see overheating - and it is in nobody's interests to have an overheated market - we can tell Government we think we have a problem. The Government can then introduce a policy to deal with it. Where we see supply-side issues, like we see in offices and residential at the moment, we can also make that known. We have been banging the supply-side drum for the past 24 months and saying there are simply not enough offices in this city. NAMA has taken up the ball and run with it to an extent but nobody seems to be really listening to our calls for policy interventions to be put in place as quickly as possible.