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Just remember Michael that you need to add site costs, floor coverings, landscaping, driveways, window furnishings, and upgrades. How many sqm was the house? Doesn't mean that 3 a week will go to site. Some of these will fall over. ;) I love your optimism mate but stay cool and alert. Be...

It's all starting here TC. Massive development on the outskirts of Port. :)

Love the creative response GR. :D So what about these wealthy cashed up developers who are taking advantage of those current drop in vals? Surely they are out there investing. Wouldn't they merely borrow what they can get - even if they can't borrow as much as they formerly could?

So GR, how do you explain these 2 consecutive monthly 30% jumps in new unit block approvals? Cashed up developers? Or developers getting DA's in place for easier finance? Or? What's your take on the current upswing in vals?