Mr. Tom Parlon:

Deputy Lahart suggested that we were somehow or other favouring institutional investors and the build-to-rent model. That is not the case. The president referred to that. It is part of a very important model, however, and it provides currently for a certainty of funding that is not coming from anywhere else. A figure we came up with lately is that just 6% of our social housing is being provided by the State. Otherwise, it buys it from the private sector. While co-living has received a great deal of negative publicity, it has a place for a sector of the workforce. There are young people who want to spend the minimum amount of time in living accommodation and to live and work in the city. We need solutions in all those areas.

I note to Deputy Broughan that I did not hear anyone moaning. If we gave that impression, it was certainly not intended. We are delighted to have approximately 125 cranes in Dublin. The point the president made was that there are fewer than a dozen elsewhere. It is a massive discrepancy. In numerical terms, the bulk of our members are all over the country. Unfortunately, they are all commuting to Dublin and helping to clog up the streets, contributing to the congestion that exists. It involves a great deal of extra cost. If we had that extra infrastructure so that they could work in the general vicinity-----