Dr. Conor O'Toole:

As Dr. McQuinn said, with the functionality of the housing market, if supply comes online at high prices, it will be purchased by somebody. While we clearly state that there is a strong need to build a high volume of social and affordable housing, other units coming on stream at the same time may unlock somebody from the rental sector who may move into that new purchased unit. More supply across the board will help to unlock the market and allow people to have more options. It is very clear that the bottlenecks in the system are concentrated around low-income households and that social and affordable housing is the key to dealing with that in the long term. More supply in the system in general can help to provide options to allow households access to more housing units.