Mr. John McCarthy:

I would not accept at all that there is any element of spin involved here. Maybe just to step back for a minute, when Rebuilding Ireland was put in place clear targets were set for what was to be built, what was to be bought and what was to be leased, as well as targets for the rental accommodation scheme and for the housing assistance payment. When it comes to build, we have always published - every quarter for the past eight quarters - a detailed construction status report showing all of the build projects, such as the turnkeys and the traditional builds, so that there is a clear build figure. When I talk in terms of build, every one of those houses is a new-build local authority or AHB house.