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Seconded. I really enjoyed that!

That would be the return on debt - not the return on equity. I have no idea where you are making the mistake but you're definitely wrong!

80% leverage is 20% equity...

Actually yes. Over valued property is on the market everywhere. The prices some people are willing to pay for some assets never cease to amaze me. But why continually point them out? You don't have to be on this forum for five minutes before you will find overwhelming advice from the...

FYI Wheatstone is $29bn. What is the point of looking at averages? Pick any business or industry and a number of people will do extraordinarily well, most will make enough money to hang on and a number will lose their shirt. Same with property investing. The point of this forum is to...