Mr. Tom Considine:

I think, as a general statement, the answer to that is, "Yes". But I think the property market is a lot more nuanced than people give it credit for. If, for example, you have a scheme in place, just for argument's sake, which gives, say, 50% allowance for spending done in a particular period, if you actually come along and say, "We're going to end this now," one of the effects that happens is there's a rush to hire labour and get the job done within the period that will allow them to claim. So you have to be careful. And that's why when it came to 2000, to the Indecon and Goodbody thing, that you had the phasing out. There was a great fear that you do more harm than good if you just said, "It's all going to end now."