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If you're getting the results you're after and generating more business from it all then I guess it's all right...... isn't it?

Thanks, I agree and it's been said before that RE is a slow moving target. Re. landbanking, continued here... http://www.somersoft.com/forums/showthread.php?t=55548

That's an interesting comment PB, what's your reasoning behind this? I'm not a fan of financial markets either. Also, have you done much speculative landbanking in your investing career? Thanks. (Sorry, bit of topic)