I suggest you start looking at the cost per square metre of new construction.On existing residential property and its Life Cycle Costing,I would suggest that with the capitai you expend in updating or renewing existing residential property is cost prohibitive--unless you do it yourself and are qualified to the appropiate trade you are doing.
If you are qualified tradesperson then I understand your angst.But the banks have you by the short and curlies,imo
