Day 2

3:00

Build to Rent vs Build to Sell: Which works and for who

• The Capital Question: Comparing the long-term, stable income of BTR against the upfront returns and capital gains of BTS

• The Investor Lens: Why negative gearing and tax benefits work for individuals but create fundamental hurdles for institutional capital

• The Market Cycle: Which economic conditions, locations, and interest rate environments favour one model over the other?

Paul Zahara, Director, Austar Finance