Making property more accessible w/ Chris Ferris

We recently caught up with Chris Ferris, one of the Founders at Coposit. Chris and his family were previously property developers before building the Coposit business.

We spoke to him about the state of property development, not just as a founder running a business but as a past developer. Why did he leave the development game and what are the realities of building new property in the current market environment?

It’s a great interview which highlights where property prices are going over the next few years and the issues we have in Australia when it comes to building new, affordable property.

Construction costs continue to rise and this will put upward pressure on new home prices, which will filter through into the entire market. We discussed the election and housing solutions from both the Labor and Liberal parties.

With inflation falling and both sides of government offering incentives for buyers to get in, we really do feel like the market is likely to rise in coming years.

Peter Esho is an economist and Founder of Esho Capital. He has 20 years of experience in investments and markets.