Mr. Conor O'Connell:

The amount of land that is zoned in the Dublin region was zoned in accordance with the population projections from 2011 to 2016. We planned based on a population growth rate that is far lower than where we are now. I think it was 2% in that period in the greater Dublin area. Correct me if I am wrong, but it was somewhere around that figure. We are now at 8%. We are at 15% in Kildare and 15% in other counties. Then we have the household formation rate. There are 2.73 persons per household in Ireland and 2.2 persons is the European average. We know from the housing demand assessment that we need more one- and two-bedroom units. We have based our assumptions about population growth rate, inward migration and household formation on projections from far too long ago. They urgently need to be reviewed so that we can have serviced land in front of us for a number of years.