Weekly Slice 263: Massive Oversupply Coming? $1 Billion Government housing "Guarantee" scheme! with Rob Flux & Todd Sloan
Pizza and Property
How Government Purchase Contracts Work
Rob describes that NSW will contract to buy units to satisfy pre-sales so construction can start sooner.
Massive Oversupply Coming? $1 Billion Government housing "Guarantee" scheme!
Is the NSW Government really guaranteeing developer pre sales, or is it just clever marketing?
In this episode, Todd speaks with Rob Flux from the Property Developer Network to unpack the newly announced Pre Sale Finance Guarantee and what it actually means for developers, investors, and the broader housing market. With "guarantee" raising plenty of eyebrows, Rob breaks down what's real, what's not, and why the initiative has people talking.
Rob explains the core issue the scheme aims to solve and heavy holding costs caused by pre sale requirements. He breaks down how the government steps in with a contractual commitment to fast track construction, the eligibility criteria, the required discount, and how revocable contracts work. He also clarifies why this will help ease pressure and smooth price growth.
For developers, investors, or anyone curious about housing policy, this episode is a must watch. Dive into the NSW government resources to see how this initiative could impact the market and your opportunities.
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Get in touch with our amazing episode contributors & sponsors:
Rob Flux: πππhttps://developernetwork.com.au/events
Oliver Cheung: https://www.insighto.com.au/
Gilbert Melgar: https://www.suburbsfinder.com.au/pizza-and-property/
InvestorKit: ππhttps://www.investorkit.com.au/
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