Ms Dara Deering:

I will provide some clarity. The Chairman is talking about section 24 figures. He is right that we lend that much money per unit, as opposed to the homes being built. I will take the Chair's example of the more-than-ten-unit and fewer-than-ten-unit projects. They are houses. The construction cost of a house is lower than €435,000. The cost of construction for a house, per the Society of Chartered Surveyors Ireland, is €185,000. As I mentioned earlier, there is also the cost of land and other factors. That is the comparison.