Harry Triguboff Quotes
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The newspapers were against me. They were telling me that the Australian dream was a home. But that dream became worse and worse as they had to live further away from the city. My dream became better as we could build higher and higher.
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If we allow more development, it will bring housing affordability.
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When the unions were fighting me 45 years ago, they could never beat me.
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My properties are very good income-producing buildings, so I will have a very good stream of profit even if I can't sell.
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I looked around, and I saw cottages everywhere. I thought it was time they lived in apartments.
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I've changed Sydney. It's my city, my people. I'm theirs. We belong to each other.
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Chabad is very important because without Jewish education, Diaspora Jewry would disappear.
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I have never laid a brick in my life. But my people have laid more bricks than anybody else put together. Because I know how to pay.
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People have lots of money in super, but they have no money in the bank, and the super funds are not built to help people buy property.
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This is a lifetime job. You don't look at it, you know, now and then. It doesn't really matter. When the market comes down, then I buy my land very cheaply, so I make my money on that.
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If the banks become unreliable lenders, apartment prices will drop dramatically.
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The government should spend more time on promoting tourism in Sydney.
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Local councils are hostile to large developers and think that, by doing this, they are standing up for the community. But they're wrong.
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I would consider selling the whole company; I wouldn't like to sell just part of it, but on the other hand, I have a grandson intent on following my footsteps and another grandson in another couple of years.
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We looked into and tested the Airbnb website and found the inquiries generated were at price points substantially lower than the market is prepared to pay us directly. It was clear that there were no real synergies between the level of our offering and what Airbnb clientele is looking for.
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There's always room for an operator like Airbnb, but it's quite a different thing to my serviced apartments. Airbnb is a different market - it has nothing to do with me.
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I don't think I have to combat Airbnb. It is like comparing Tiffany to a shop that sells things for one dollar.
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I don't get involved in politics. I think that it is a waste of time and money because very often a politician cannot do much, and if you give him money, you embarrass him, so he can't do anything.
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The market is good when the local people are in it and believe in it and support it. That's what I want.
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The newspapers were always against me in the beginning because they thought I was depriving people of what they wanted.
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In Sydney, we always have a deficiency of housing. So that's one good thing, which will cause real estate to keep going up. Not fast, but it'll go up.
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We had a Jewish school; we had a Jewish club. My father was a main donor. My mother was on the committee of the school.
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A developer who is not optimistic shouldn't be a developer.
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It's a very difficult business, and I'm very interested in the future of it after I'm gone, and I thought that if I can't produce a strong management team here myself, and I can find better management elsewhere, then I should sell it.