It meant so much until…sigh

An interesting point on developer profits. For context, the return on capital for farming is typically around 1%—a stark contrast to the 15-20% deemed ‘acceptable’ for development. It highlights the uneven playing field between sectors reliant on the same greenfield land (this is close-by to me)

My HR would be much higher than 154 BPM at that speed - or possibly zero sadly….