In this chat, John and Andrew dive into a variety of topics surrounding property development and current market dynamics. They start by exploring the renewed optimism within the property market and the noticeable return of developers. The conversation then shifts to the tough lending criteria facing developers and the escalating costs of construction. They also tackle the various challenges and risks that come with property development, highlighting the crucial role of maintaining a positive and focused outlook. Further, they delve into the effects of government policies on the property market and discuss the ongoing need for affordable housing. Wrapping up, they talk about the advantages of being part of a property development community. The discussion also encompasses broader issues like market trading, the overall health of the housing market, and the crucial balance of emotions and calculated risks in property trading. John stresses the importance of creating more affordable housing options and advocates for governmental action to increase density and enhance infrastructure support. They touch upon the transformative potential of AI and technology in property development. John rounds off the conversation by announcing the launch of the Property Development Club course, promoting the importance of ongoing learning and adaptation to new technological breakthroughs. Chapters00:00 - Trends in the Property Market16:15 - Lending Criteria and Financing Options16:45 - Managing Construction Costs19:48 - Government Policies and the Rental Market22:41 - Risks in Property Development30:53 - Mindset and Motivation41:58 - The Story of Jeff Bezos and Amazon44:33 - Addressing the Affordable Housing Crisis49:18 - Concerns about Education and Healthcare51:39 - The Importance of Continuous Learning54:58 - Recent Wins in Property Development