Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

However, in the case of a fund, whether one calls it a vulture fund, an investment fund, an equity fund or whatever, buying up a site for which planning permission has been granted, knowing that it is at a significant value today but is likely to be at an even higher value in a year or two years, even though if a builder owned the site, it would be viable for him or her to start building tomorrow, that is a different situation.