Adam Farrell

speaker

639 appearances 5 recordings 1 series first heard Jun 2026 last heard 2d ago

Adam Farrell’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 5 in all, peaking in Sep 2026 with 2.

Appearances

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Cheques and Balances · New Build Townhouses: Why They Lost 40% in Value | Episode 530 · 29 Aug 2026 podcast

One of the risks of buying the wrong property in the wrong development is different people end up in different circumstances and some might be more desperate than others.

So if you have a neighbor that's super desperate um and selling the identical home to you, obviously they're gonna take a pretty sharp discount.

Uh my mate actually was the desperate individual where, long story short, going through a divorce, went to mortgage e sale.

Yeah.

And at auction, that 850K property sold for 600K flat two years later.

for both

Whoa.

That's a hell of a step.

Yeah, of course it's a terrible outcome.

I meant it obviously put him in a lot of hardship and you know, he ended up with I think they end each had like a fifty, sixty K personal loan after that, you know, on like you know.

Fifteen sixteen.

Yeah, it'd be more than that, yeah.

Yeah, some pretty punchy interest rates.

So, you know, he was just he was just in the trenches, just trying to dig himself out of that hole for a little while.

Yeah.

Um look, obviously not all his fault.

As you said, it was the market, but if you look at the fundamentals of that particular development, n

None of it had allocated parking.

Yeah.

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