I guess where I would come close to your stance is to say that if we had a properly functioning land market producing price/income ratios across the country in the 3-4 range (as seen in much of the US, incl big fast-growing cities) then the share of ANZ’s loan book accounted for ...
A successful ballot ensued, a site was found (fortuitously on the route of Queen Victoria’s Diamond Jubilee procession that allowed £2000 to be raised from a temporary viewing stand), and the building, designed by architects CJ Phipps and Arthur Blomfield Jackson, commissioned. It was officia...