Mr. Seamus Coffey:

What spending priorities one targets is an entirely open question, one on which we do not have a view. The risk posed by housing payments is one that can be identified, but it is not just related to the private sector. Almost all of the rental supports the State offers are linked with market rents. They include the payments to approved housing bodies, AHBs. The supports given to them are based on roughly 90% of market rents. One of the reasons costs are increasing is market volatility and the upward direction of rents.