Why Obsessing Over GDV vs Cost Misses the Point: Why 140+ Lender Access Beats Headline Rates

https://www.bookmark-belt.win/when-a-small-developer-in-glasgow-tried-to-build-without-owning-the-land

Developers, brokers and investors get hypnotised by GDV versus cost spreadsheets as if the right ratio alone guarantees a successful build. I get it - numbers feel clean