Steve Garvey | Candidate for US Senate in California (full interview)
Steve Garvey sat down with CBS 8 to talk about his candidacy for the US Senate seat in the November 5 election. More coverage: https://www.cbs8.com/elections
Chief Executive Officer, Glenveagh Properties
Search every verified Stephen Garvey interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. Stephen Garvey, co-founder and CEO of Glenveagh Properties, has stated that the residential construction industry is "primed for disruption." He has emphasized the need for standardization in house types and building processes to scale home delivery. Garvey noted that the 2008โ2009 financial crisis created an opportunity because it eliminated older, less efficient builders and that regulation "hurts the smaller player more than it hurts the big player." He has described government social housing targets as a "huge space" for his company, citing a waiting list of over 100,000 people. Garvey has also commented on the impact of the COVID-19 pandemic, saying it "woke the customer to how important having their own home is" because the home now functions as a workplace and entertainment space. He aims to position Glenveagh as "the scale player" in Ireland, adding that he is "not ego driven" and intends to hand the business to the next generation.
“Regulation has killed the the housing industry. When we talk about affordability, we also talk about accountability. Politicians now have to invest in the people by, by housing free market capitalization.”
“This is the deviation of America as we know it. We have a process where you go to your embassy in the country, you file for the proper papers and you wait your turn. Can you imagine that hundreds of thousands of people waiting to come here the right way and we allow illegal migrants to do this.”
“As bad as it looked at that point in time in 2008 and 2009, there was going to be opportunity on the other side. And I suppose the big thing that stuck out to me was the old way of doing things and the generation that had delivered on that was probably going to be wiped out to that financial crisis. And you know, it st...”
“I suppose what's attractive for us is obviously it's going to be a big space. You know, in the recent budget that government announced, they're committed to delivering another 10,000 units of social housing next year. And it's a very ambitious program by government to deliver social housing. There's a huge debt the mar...”
“I think regulation ironically actually hurts the smaller player more than it hurts the big player... instead of helping the smaller player it pushes the smaller player out of the market.”
“Covert has woken the customer to how important having their own home is... my home is not only where I live, it's now where I work, it's now where I entertain myself, it's everything to me.”
Steve Garvey sat down with CBS 8 to talk about his candidacy for the US Senate seat in the November 5 election. More coverage: https://www.cbs8.com/elections
In this in-depth conversation, Stephen discusses how nearly 20 years of construction experience lead him to co-found Glenveagh Properties with Oaktree, one of the largest asset management firms in the world and how he plans to grow the group into the largest homebuilder in Ireland. From the early days of working with his father, Stephen learned that most builders are stuck in the past and he strongly believes the residential construction industry is primed for disruption. By unleashing innovation to streamline development, Stephen plans to get to the top and create one of the most efficient hoโฆ
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