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  1. Peter Spann

    Once in a Hundred Year Property Slump

    And I'll go to the seminar! :)
  2. Peter Spann

    Once in a Hundred Year Property Slump

    Yes a slump would definitely hurt if people intended to develop straight away, but land banking is a long term strategy anyway - some property I own is unlikely to be able to be developed for at least 15 years - so it would have to be a VERY long slump to defeat that strategy - possible I guess...
  3. Peter Spann

    Once in a Hundred Year Property Slump

    I own a LOT of trees!
  4. Peter Spann

    Once in a Hundred Year Property Slump

    At the moment in gross terms about 30%
  5. Peter Spann

    Once in a Hundred Year Property Slump

    As you may know I have sold most of my properties – I have only 7 left, and that includes my PPOR, and two trophy properties. The remainder are “land banks”. I made a conscious decision to get out of property because of my pessimism about the future and the lack of liquidity in property and...
  6. Peter Spann

    Once in a Hundred Year Property Slump

    This was sent to me by a colleague... http://www.bloomberg.com/apps/news?pid=20601068&sid=aViK6htPFKgM&refer=home It's fairly dire and would have wide sweeping ramifications for property investors. I thought you might like to debate it.
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