The Race That's Stopping a Nation: What Real Estate and Horse Racing Have in Common

For many, the Melbourne Spring Racing Carnival means beautiful weather, the thrill of the track, and a modest wager or two. For others—namely the trainers, owners and big gamblers—it’s serious business. Tens of millions of dollars are at stake—not to mention the glory and prestige of marquee events like the Melbourne Cup and the Cox Plate. It may be a pleasant afternoon for the casual spectator, but for anyone with a lot of coins in their pocket, fortunes are won and lost in the pounding of hooves.

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In Search of the Next Almighty Boom

Thirty years ago, I flirted with the idea of buying a townhouse in Paddington, Sydney. The price tag was $90,000. On the verge of snapping it up, I decided it was too much of a stretch at the time.

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The Classic Property Development Skills You Need in a Modern Development World

A large portion of my work now focuses on hotel real estate development, whereby I am working with hotel owners, developers and operators to bring to life the vision that they have for a particular project. It is great work, which I love because of the opportunity to help clients create something new.

 

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