In this podcast episode, John and Andrew discuss various topics including development news, securing financing for developments, reducing house prices, and the New Zealand property market. They also review a book on the history of money and discuss government policies on insulation standards. The conversation highlights the challenges and opportunities in the property development industry.
Chapters 00:00
Exploring the Latest News and Updates
00:28 Recent Development News and Updates
00:49 Introduction and Vegas Trip
03:10 Fluctuating House Prices
06:49 The Impact of Interest Rates
09:16 Government Policies and Construction Costs
11:38 Investors Buying Less Off the Plans
12:36 Home Ownership Rates
13:57 Rolling Back Insulation Guidelines
15:56 The Need for Infrastructure Improvements
17:52 Regional Discussion on Insulation Standards
18:49 Challenges and Opportunities in the Real Estate Industry
19:14 Declining Hotel Revenue and Construction of a New Moxie Hotel 21:08 Halt of the Client Gore Program and Fragility of Centralized Systems 24:33 Solving the Housing Affordability Issue with New Technologies in Construction
28:53 The Benefits of Homeownership and Financial Resilience
30:19 Understanding the Process of Securing Financing
32:43 Securing Financing in Stages
34:36 Preparing for Financing: Clear Plans and Track Record
36:01 Choosing Between Banks and Private Lenders
38:25 Building Relationships with Lenders
38:48 Jason's Development
39:24 Understanding Site Constraints and Choosing Consultants
41:57 Update on the Property Development Club Course
44:03 Book Review: 'The Ascent of Money' by Niall Ferguson