Eoghan Murphy (Dublin Bay South, Fine Gael)
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No. We would be discounting both the cost of servicing the site and the notional value of the land if it were private land going on the market. We would take those two figures together and discount that, but the maximum discount available is 40% of what the price might be on the market. If a house was on the market for €400,000, potentially the discount could be 40%, but that is an equity stake.