In this chat, John and Andrew dive into a variety of topics surrounding property development and current market dynamics.
They start by exploring the renewed optimism within the property market and the noticeable return of developers.
The conversation then shifts to the tough lending criteria facing developers and the escalating costs of construction.
They also tackle the various challenges and risks that come with property development, highlighting the crucial role of maintaining a positive and focused outlook.
Further, they delve into the effects of government policies on the property market and discuss the ongoing need for affordable housing.
Wrapping up, they talk about the advantages of being part of a property development community.
The discussion also encompasses broader issues like market trading, the overall health of the housing market, and the crucial balance of emotions and calculated risks in property trading. John stresses the importance of creating more affordable housing options and advocates for governmental action to increase density and enhance infrastructure support.
They touch upon the transformative potential of AI and technology in property development.
John rounds off the conversation by announcing the launch of the Property Development Club course, promoting the importance of ongoing learning and adaptation to new technological breakthroughs.
Chapters 00:00 - Trends in the Property Market 16:15 - Lending Criteria and Financing Options 16:45 - Managing Construction Costs 19:48 - Government Policies and the Rental Market 22:41 - Risks in Property Development 30:53 - Mindset and Motivation 41:58 - The Story of Jeff Bezos and Amazon 44:33 - Addressing the Affordable Housing Crisis 49:18 - Concerns about Education and Healthcare 51:39 - The Importance of Continuous Learning 54:58 - Recent Wins in Property Development
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