..Harry-Triguboff..

Discussion in 'Property Market Economics' started by willair, 11th Sep, 2017.

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  1. willair

    willair Well-Known Member Premium Member

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    Last edited: 11th Sep, 2017
    willair, 11th Sep, 2017
    #1
  2. New2prop

    New2prop Well-Known Member

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    Read that... interesting times.
     
    New2prop, 11th Sep, 2017
    #2
  3. Drizzt Do'urden

    Drizzt Do'urden Well-Known Member

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    Not sure where to start with this one. Does Triguboff care if people lose money or not on apartments ? And asking for government intervention ? Really ? If Triguboff could sell all his apartments at double the price while Australians lived in shanty towns I wouldn't imagine he'd lose a wink of sleep. Here's a tip. Maybe build a product not aimed solely at cashed up overseas investors. After all, it's risky ...
     
    Drizzt Do'urden, 11th Sep, 2017
    #3
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  4. datto

    datto Well-Known Member

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    Harry is worried HE may lose money.
     
    datto, 11th Sep, 2017
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  5. scienceman

    scienceman Well-Known Member

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    High Rise Harry is notorious for talking his book/ rent seeking off the government. He wants a population of 100 million just so he can build more apartments. He wants all our green spaces including the Royal Nation Park turned over for apartments. He once said 'if you want to see a tree drive to the Blue Mountains'.
     
    scienceman, 11th Sep, 2017
    #5
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  6. Brickbybrick

    Brickbybrick Well-Known Member

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    :rolleyes:
    What limitless greed..:rolleyes:
    Unfortunately he is not the only one who thinks like that. I think his mindset is disgusting in the extreme and I'm no commo.
     
    Last edited: 12th Sep, 2017
    Brickbybrick, 12th Sep, 2017
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  7. Redwood

    Redwood Well-Known Member

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    Harry never loses money. Met him and heard him speak on many occasions, he is smart and creating alarm, but its a double edged sword. The alarm will create awareness around the issues with OTP apartments - why you would buy one is beyond me. However, his "fear" is trying to push for gov't intervention.

    My advice to Harry, retire mate, you can't go to the grave with it.

    Cheers Ivan
     
    Redwood, 12th Sep, 2017
    #7
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  8. Lacrim

    Lacrim Well-Known Member

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    His ambition and tenacity are enviable but boy, has he left a legacy of crappy looking ghettoes. Singlehandedly destroyed parts of Sydney including the CBD...and still going eg Pagewood Green. The level of density is ridiculous.

    Councils and State Govt Planning depts are just as much to blame.
     
    Last edited: 12th Sep, 2017
    Lacrim, 12th Sep, 2017
    #8
  9. Bill Williamson

    Bill Williamson Well-Known Member

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    Ok I wont buy any apartments in the near future then.
     
    Bill Williamson, 13th Sep, 2017
    #9
  10. Ted Varrick

    Ted Varrick Well-Known Member

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    Ted Varrick, 13th Sep, 2017
    #10
  11. Sackie

    Sackie Well-Known Member

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    You Go Harry! We at Bondi still love ya!
     
    Sackie, 13th Sep, 2017
    #11
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  12. Ghoti

    Ghoti Well-Known Member

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    If I recall correctly it wasn't all that long ago that Harry was saying that the talk of apartment prices falling was fear mongering.
     
    Ghoti, 13th Sep, 2017
    #12
  13. is_don_is_good

    is_don_is_good Well-Known Member

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    He knows what he's talking about.
     
    is_don_is_good, 15th Sep, 2017
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  14. Ted Varrick

    Ted Varrick Well-Known Member

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    Sure he does, and maybe if the govt stepped in with some assistance, all with be good, vis a vis Billionaire developer Harry Triguboff warns apartment downturn could destroy 'an enormous amount of wealth'

    Unsure how the taxpayer will feel about this, and maybe Harry should consider just lopping $100k or so off each of his vendor finance loans to help out all of those "customers" that had settlement issues.

    Maybe the taxpayer would feel a bit better about that, and such an act of generosity would be unheard of, and might start a trend.

    Or not
     
    Ted Varrick, 17th Sep, 2017
    #14
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