Harry Triguboff quotes:

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  • Chabad is very important because without Jewish education, Diaspora Jewry would disappear.

  • 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.

  • 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.

  • I employ thousands of people, maybe 5,000 or 6,000. In my mind, they are all doing well. Because if they are not doing well in their minds, I'm not as strong as I could be.

  • When the unions were fighting me 45 years ago, they could never beat me.

  • Local councils are hostile to large developers and think that, by doing this, they are standing up for the community. But they're wrong.

  • I've changed Sydney. It's my city, my people. I'm theirs. We belong to each other.

  • 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.

  • Land values are going up a lot in Sydney, but it's feasible to build because prices are going up, too.

  • 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.

  • The newspapers were always against me in the beginning because they thought I was depriving people of what they wanted.

  • I'm easy. Very easy. I'll tell you why I am easy. If someone is no good, I get rid of them. It is no good being tough on somebody who can't do the job. If he can do the job, then there is no point in being tough with him.

  • 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.

  • I tried all my life to make housing affordable. The more affordable the house, the more money I make.

  • 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.

  • 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.

  • If we allow more development, it will bring housing affordability.

  • My properties are very good income-producing buildings, so I will have a very good stream of profit even if I can't sell.

  • 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.

  • A developer who is not optimistic shouldn't be a developer.

  • 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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