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

And it's an 80 square meter, three-story townhouse when it's three stories, you know, probably 15 squares of that is just stairs.

Yeah.

Um, so yeah, it kind of makes sense when you look at the fundamentals.

And like you noted that the markets dropped 20%.

Some of these properties are down 30, 40 percent.

That's where that difference is made up.

The extra 10 or 20 percent drop is purely because of supply and demand issues.

It should.

Yeah, yeah.

Yeah.

No, not at all.

Actually, this reminded me of a client that I've had recently who bought a one-bedroom apartment with no parking in Christchurch City a few years ago.

And you can obviously imagine how that's performed.

There's not that many people out there who are desperately trying to get a one-bedroom with no car park.

Yeah.

Um so it's performed pretty poorly.

And um what I thought was interesting was that there it completely affected their mortgage broker's opinion of it, where um we showed him, we were talking him through this asset, which

Which is like a freehold asset in a smaller region where land is cheap and it's a duplex.

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