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James Limnios is the CEO and Managing Director Limnios Property Group. James shares the story of how his parents founded the business in 1969, starting from a fish and chip shop. The discussion covers James's journey, returning to the family business after running a project management firm, and the evolution of the group's services to include leasing, property development, and retirement living. The main focus is the urgent need for a shift in Western Australia's housing strategy, with James discussing urban infill over costly greenfield expansion. The conversation concludes with a look at high debt levels, generational differences in lifestyle priorities, and James's enduring advice for first-time buyers: "Buy the worst property on the best street" James Limnios - / jameslimnios Limnios Property Group - https://limnios.com.au/ If you enjoyed the podcast, please subscribe, share, follow and review! Listen to the podcast 🎙️ Spotify: https://open.spotify.com/show/206zWql... Apple: https://podcasts.apple.com/au/podcast... Follow Pasquale Princi 🌐 LinkedIn: / pasqualeprinci TikTok: / itsallaboutthegrey Instagram: / itsallaboutthegrey Timecodes (00:50) The Founding Story (3:22) James's Journey: Entering the Business, the Recession, and His Commitment to Education (6:40) The Evolution of Limnios Property (14:04) The Case for Urban Infill: Why Expanding Out is More Costly than Developing In (21:26) Activating Perth: Solving the CBD's "Ghost Town" Feel with Increased Density (26:50) Policy Solutions: Light Rail, Expanded Ferries, and Creating Micro-Apartments (32:15) Risk in Lending: Why Reducing Deposit Schemes to 2% is a Dangerous Policy (35:28) Generational Shifts (42:10) Where to Still Find Value in the Perth Market About the show: Educating the real s#!t about business. It’s easy to manage the black and white, the art is managing the grey.