The Market Has Already Dropped 10 To 30% And More Pain Is Coming - Emil Juresic #150

Emil Juresic sold every property he owned at the peak of the market, five months before this was recorded. He now says values have already fallen 10 to 30 percent, and he has pulled the heavy brake on his own development pipeline.

Emil Juresic is a Gold Coast developer and the founder of NGU Group.

What you will learn:

- Why he sold the lot at the peak, and what he was seeing that made him move

- Where he thinks the falls have already happened, and what he expects next

- Why he would not buy anything brand new as a first home buyer, and would buy something he could add value to instead

- What happens to established stock when investors all shift to new

- What scaling actually costs: every dollar reinvested, and whether you can carry the pressure

- Why he moves capital between industries rather than staying loyal to one

Chapters

00:00 He sold every property he owned at the peak

06:26 In two minds about letting the last one go

11:50 Why he would not buy anything brand new as a first home buyer

17:32 Investors shifting to new stock, and what it does to established

23:34 Building a community, and the 500 gyms he has watched

29:36 The heavy brake on property development, right now

35:24 Being present while building something new

40:25 Living backwards from 95

47:17 One week from opening the first one, already thinking global

53:18 Using AI before you become the dinosaur

59:01 It took thirty years, and the people who want it in three

Emil Juresic only buys when the numbers work, not when the crowd does. Property should work the same way.

Most properties only make money if the market does. The ones that pay for themselves from the day you settle are bought differently, and it comes down to four points.

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General information only. Not financial, tax, legal or credit advice. Bothsides is not a mortgage broker or credit provider.