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‘Biggest challenge by a mile’: why developers can’t build homes people can afford

‘Biggest challenge by a mile’: why developers can’t build homes people can afford

Developers Tim Gurner, Sam Tarascio and Maha Sinnathamby have kept their places on this year’s Rich List amid a housing crisis. This is how they did it.

Nick LenaghanProperty editor
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There’s more than a handful of Rich Listers whose road to fortune places them squarely in the middle of a national housing crisis.

Among them, Tim Gurner, Sam Tarascio and Maha Sinnathamby are all property developers. Their success navigating that crisis has kept them on this year’s list – each of them pegging more or less steady on the previous year’s rankings. This year’s list is out on Friday.

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Nick Lenaghan
Nick LenaghanProperty editorNick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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Original URL: https://www.afr.com/rich-list/property-rich-listers-on-defying-the-housing-crisis-20240526-p5jgqz