Maxwell Shifman from Intrapac Property Market Insights

Episode 65 Market Insights: Building the Future: Maxwell Shifman on Navigating Challenges in Property Development

In a compelling interview with Mike Bird from Urban.com.au, Maxwell Shifman, the CEO of Intrapac Property, offers an in-depth analysis of the contemporary challenges and opportunities facing the property development sector in Victoria. Shifman articulates the significant impact of government policies on Greenfield developments, highlighting how these regulations can often create barriers to entry while also influencing the overall pace of construction.

The conversation dives into the pressing issue of housing supply, where Shifman stresses the urgent need for innovative solutions. He notes that the current market dynamics demand a delicate balance between meeting the demand for new housing and ensuring sustainable urban growth. Shifman also discusses the increasing complexity of navigating infrastructure planning, local council requirements, and regulatory frameworks that developers must address to remain competitive.

As urban areas grapple with densification, Shifman advocates for a forward-thinking approach that embraces technology and collaboration among stakeholders. He underscores the importance of engaging with communities early in the development process to build trust and address local concerns effectively.

Moreover, Shifman shares insights on how economic fluctuations and changing consumer preferences are shaping investment strategies within the property market. His commentary provides valuable perspectives for developers, investors, and policymakers looking to understand the evolving landscape and the strategic pivots necessary to thrive amidst uncertainty.

Viewers are encouraged to watch the full interview for a comprehensive understanding of Shifman’s insights on the future of property development and the strategies that can lead to sustainable growth in an increasingly complex environment.

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