Deputy Ó Broin will have a chance later. The fundamental objective is twofold: policy certainty and protection for renters and increased supply. I respect Deputy O'Callaghan's commitment and interest in this, but he and his party have been very weak on the supply side. All of its proposals over the past three years, cumulatively, would reduce supply and do nothing to increase it. We have a fundamental challenge as a society. We need 50,000 new houses per annum. We are at approximately 30,000. It might be higher thi…

The involvement of the State is enormous. It has to be balanced and supplemented with significant private sector investment. This is just one measure. On its own it will not do it. It will need to be accompanied by other measures. Last week, we took a decision to legislatively roll over planning permissions that might have been delayed by judicial reviews to keep supply going. It has to be about supply. From the Opposition in general, proposals on the supply side have been extraordinarily weak and not forthcoming o…

First, the one proposal the Deputy's party has come forward with is the savings incentive scheme.

I will answer the question.

The scheme the Social Democrats came forward with would take years to accumulate the funding for investment. It would not produce a single house over the next three to four years.

In respect of Finland, the Deputy is correct.

I am answering the question.

Three points were made. I am going to deal with them. The second one was on institutional investment. Finland is a good example of where institutional investment had a huge impact on house construction and apartment construction.

Third, Germany is a bad example-----

-----of where the rent pressure controls the Deputies are advocating created a huge decline well below the market rate. There are many tenancies at the moment-----

-----well below the market rate. If some tenant exits-----

If a tenant exits that-----

Ceann Chomhairle, there has been repeated interruption-----

If there had not been interruption, I could have dealt with all four points.

No it does not.

But the Deputies announced that march before the proposal was even announced.

That sums it up. The Deputies just change the narrative every time it suits.

The bottom line is if you are an existing tenant there will be no change.

It is as simple as that. There will be no change if you are an existing tenant, okay.

There is no reset at six years for an existing tenant. However, if-----