Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

Behind that, we see a 31% increase in the number of planning permissions. There have been commencement notices for 26,000 new homes in the past year, while planning permission has been granted for 31,000 right behind them. We see a strong pipeline of new housing. This covers social housing for people on housing lists and private housing for people to buy and rent. Fundamentally that is the solution and we can now see that it is working.

Deputy Micheál Martin quoted Assistant Professor Lyons, but I am not sure he was quoting from the actual report which I have here.

In it, he states, in big writing, showing that he believes this is the most important point:

It looks as though Ireland's longest-ever run of increasing rental prices may soon come to an end. Nationally, inflation in the private rental market - as measured by the Daft.ie Report - has fallen from over 12% in mid-2018 to 5.2% in the third quarter of 2019.

Dublin is driving this. Over the same period, inflation in the capital has fallen from 13.4% [his words] to just 3.9%. In four of the city's 25 markets - Dublin 1, Dublin 2, Dublin 4 and Dublin 20 - the inflation rate is now less than 2%. ... This is the first time since early 2013 that this has been the case.

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