The Private Debt Trap: Off-the-Plan Risk in Sydney

Private credit funds a quarter of residential development. Alan Weiss on why off-the-plan contracts at yesterday’s prices are Sydney’s riskiest trade in 2026.
Existing unit at $1m or new at $1.5m with no parking?

Existing unit with parking at $1m, or new at $1.5m with none? Alan Weiss runs the mortgage maths at 6% — special levies, defects and the overpaying trap.