Mr. Vasileios Madouros:

I will just respond to a couple of things. On the funding of construction activities, as Dr. Kelly has said, it is from different sources and this makes it more difficult to get an overall picture. We have the building blocks and that is an area on which we continue to focus, so we would have better information on bank lending. We have been building information, as Dr. Kelly mentioned, on non-bank lending and publishing some of these things. We have been building up our information on investment fund activities and property funds. This is an area where we are trying to go at it through different lenses, given the complexities, to build an overall better picture.

On the issue of the challenges in the housing market, I very much agree. As the Deputy will know, there are a number of Government schemes to support potential new mortgagors. There is one point I will just come back to, which is that the underlying issue is around supply of housing and the cost of the supply of housing.