Cheques
& Balances

Cheques & Balances with James Blair & Michael Vincent. View and listen on all major platforms.

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New Build Townhouses: Why They Lost 40% in Value

31 Aug | Cheques & Balances Property accounting

EPISODE DETAILS

Some new build townhouses bought at the peak of the market have fallen 30–40% in value, leaving investors facing negative cashflow, significant losses and, in some cases, properties they still can’t sell. In a recent episode of Cheques and Balances, Lighthouse Property Director Adam Farrell joined James and Mike to unpack examples that investors had brought to Lighthouse after previously purchasing these properties. They look at what went wrong and why many of the problems come back to the fundamentals of the property itself.

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