Mark Daly (Fianna Fail)

The valuation will be a key issue and we will have to be more than transparent. If it is seen that we are giving too much, the cry will go out from the media that we are trying to give money to the developers when we should be giving them less. There are a number of valuation methods on which I am sure Senator Coghlan could educate the House far more than I. The comparison method is no longer viable because land is not selling. Retail property sales do not count. We do not have any comparison valuations to go on because the last real sales were a number of years ago.