Owen McGee

It's only 15% of the market.

Okay.

It depends.

If I'm on half a million a year, I probably wouldn't worry about it.

If I'm on 50 grand a year, I'd be terrified.

That's the reality.

But we also know like five times is at the bottom end of where we were.

We were doing twice that.

I remember situations where people would sign a letter in 2006, 2007 saying,

And they said, I am going to rent out two of the rooms and I'm going to have my income as well.

They were adding the whole thing together and giving you 10 and 12 times.

Like we all knew, we all know how that all ended and how it all finished up.

I'm like, you know what?

I am delighted that this made the headlines at five times because it means that we, the one thing that man learns from history is that man doesn't learn from history.

And that's a direct quote.

But this suggests to me, we still remember the lessons we took out of 2008, that we're actually talking about it on the radio at five times and the number isn't 10 times.

And I dread the day, David, where I get a phone call from the team inside at seven o'clock on a Friday morning saying, can you go on at nine?

Because we're going to 10 times.

I dread that day.