The Minister referred to forthcoming legislation. Do the Minister and the Department propose to link the cost of building land with the CRV? Has the cost of building land not been the most inflationary factor among all the components in new house price increases?

I cannot say what will be in the new legislation. It will be published shortly and the House will be given a full opportunity to discuss it.

I realise we cannot anticipate legislation, but will the Minister accept that the cost of building land has been the most inflationary component in the increased price of housing in the past 12 months?

It has been one of the factors, but not the only one. Many other factors have been involved.