Mr. Brian Lambe:

Speaking to the Deputy's more general questions about maintaining an apartment versus a house, it is night and day. When you get into the complexity of homes stacked on top of one another, you are looking at all kinds of very technical components – pumps, lifts, windows, roofs, etc. That is becoming even more complicated in some ways, which is a good thing, as developments bring in new technology.

In response to the Deputy's second question on appropriate funding for social housing, our experience in Clúid is that the funding is available for AHBs once we get the feasibility and costings right. The gap Mr. Montague points to is better regulation. I would really welcome a regulator that would mandate an OMC to get a long-term asset management plan, and to have sufficient reserves to pay for it in order to stop the rot of where we are at today with not enough funds, regulation or drive to be able to address the issues relating to sinking funds.