The Budget and UK Housing: A Lump of Coal in the Stocking
What the Budget didn’t do for housing — and how I would have written it. Three pounds for buyers, one for builders, and not one line for SME developers.
Follow the Yellow Brick Road: The Cycle of Oz
I borrowed through four rate cycles before I ever lent through one. This one is different. Why the bond market, not the central bank, is now setting the price of money.
Who Wins When AI Levels the Playing Field in Real Estate Credit?
When every lender has the same data, tools and cost structure, the old edge disappears. Who actually wins as AI reshapes real estate credit.
AI in Private Credit: The Hidden Cost to Analyst Training
AI now does the grunt work in private credit. But the grunt work was how junior analysts learned to lend. Paul Oberschneider on what the industry loses.
UK Residential Development: Plenty of Capital, Too Few Viable Schemes
Capital is waiting to fund UK housing, but the schemes don’t stack up. Lessons from a London real estate conference on the viability problem nobody mentions.
What Agentic AI Can’t Do in Lending: Why Credit Decisions Stay Human
Agentic AI can execute the work, but the decisions that make or lose money in property lending remain human judgement. Paul Oberschneider explains why.
How AI Will Cut the Cost of Private Credit Lending
With falling rates no longer carrying returns, AI will reshape the cost of deploying private credit and change how the lending industry works.
AI in Real Estate Finance: What I Heard in Paris
AI has moved from the corridor to the main stage at real estate finance events. Notes from Paris, and whether the industry is asking the wrong question.
The Sandwich Problem: How Agentic AI Changes Deal Execution
Why agentic AI changes deal execution in property lending, and the lessons from building, and failing with, a proprietary lending platform years ago.
Build-to-Rent in the UK: Two Business Models, One Name
UK build-to-rent is really two different models under one label. Which one still delivers returns, and why the difference matters to investors and lenders.