Bringing a private sector approach to affordable housing, with Symon Peters – Ep. 65

For the latest episode of this bonus series of the property investing journey, Mike is joined by highly experienced property developer and Founder of 360Collective, Symon Peters. 360Collective exists for the purpose of connecting investors, developers, financiers and site owners in order to invest in and develop high quality affordable housing for all Australians.

In this conversation, Mike and Symon delve into the housing crisis in Australia, and Symon explains how his background and life events led him to forming the 360 Collective. Symon explains how he turned to the Japanese concept of Ikigai to guide his new direction, and talks to his passion for supporting people in reaching their true potential.

Symon details his triple bottom line approach, touching on environmental and social factors, as well as the drive for profitability. He explains the shortcomings of government when it comes to social factors, as well as the impact of red tape and bureaucracy, and details why a private sector approach to this critical issue is gaining traction.

This important episode is both inspiring and though-provoking. Symon’s passion is contagious, not only for bringing a solution to a problem that is impacting so many Australians, but also for bringing out the best in people and helping each person to live their best life. For a property conversation with a difference, this podcast is a must-listen.

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Mike is joined by highly experienced property developer and Founder of 360Collective, Symon Peters. 360Collective exists for the purpose of connecting investors, developers, financiers and site owners in order to invest in and develop high quality affordable housing for all Australians. In this conversation, Mike and Symon delve into the housing crisis in Australia, and Symon explains how his background and life events led him to forming the 360 Collective.

 

• There’s more to life then just doing developments and making money
• Unleashing human potential with Japanese Ikigai
• The 360 Collective
• Symon’s Triple Bottom Line Approach
• Why a private sector approach is effective
• The frustration of dealing with government

“There’s a really big cohort here that haven’t been looked after, that are living in caravan parks and that sort of thing. It’s unsafe. What can I do about that?” Symon 3:34

“I think the basis of 360 is about the potential of a human being – how do you extract or how do you help support a person to be their absolute best and live their best life” Symon 5:09

“I think that at the end of the day if people aren’t able to find accommodation there’s no supply and they are unable to move into things because they can’t afford it, our job is to provide that” Symon 9:11

“When you’re dealing with institutions like that in terms of governments and whatever politics can play a big role in success or failure and I’m not gonna pick on any particular government cause they’re all the same” Symon 12:56

“We will have to prove to people and council that we’re doing an amazing job and we’ve got amazing places that people really want to live in so now currently we’ve got about 300 rooms under contract or settled or in the process of getting a DA and design. Our goal is to have 500 rooms a year for ten years that’s 5000 rooms” Symon 15:20

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