Dr. David Duffy:

I will make a few comments and Mr. Spain will respond to the policy issues. I agree with previous speakers that planners are focused on and recognise the impact of the housing crisis on society and the population. This is a particular process. One of the goals of this process is to deliver homes into the market. I tend to talk in terms of units so that there is no distinction between houses, apartments and so on.

It is important that build-to-rent is delivered to the market. Supply is an issue across the market, not only in owner occupancy terms but also in the rental market. As well as accommodation for owner occupants, we need accommodation in the rental market. All of the different tenures have a role to play in addressing the supply issue. We need not only build-to-sell but also build-to-rent.