Pat Casey (Wicklow, Fianna Fail)
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Deputy Darragh O'Brien mentioned putting the cart before the horse. There is a little of that going on. We do not know whether the model being set up will be off or on-balance sheet and it is not just about the financing either. It is equally about control over who wll go into the houses, the types of house that will be built and so on. One of the major problems with the approved housing bodies was that the local authorities had too much of a say in the design of houses, the clients who would go into them and the setting of the rents payable. If 40% are deemed to be controlled by the State, the CSO or EUROSTAT could say there was too much State control and that the whole lot should be on-balance sheet. Then the Land Development Agency would not be able to go any further.