I take a look at New Zealand's property market, and an audacious prediction of 7.5% growth next year and a whopping 16% surge in 2025. Are these numbers trustworthy? This episode is a deep dive into the current housing crisis gripping the nation, exploring the influence of immigration, supply and demand, and interest rates.
With home ownership becoming more of a luxury than a reality for many Kiwis, we're bringing to the forefront the unvarnished truth about New Zealand's two-tiered system. Hear about the uphill battle to save for a house in a skyrocketing market and find out potential strategies to get a foot on the property ladder. Yet, it's not all business. In a lighter vein, I share my take on the new All Blacks jersey and I stump my mother with a question every Kiwi should know the answer to.
A wealth of insights, some laughter, and a lot of truth bombs - this episode has it all.
--------- EPISODE CHAPTERS ---------
(0:00:09) - Property Market Growth and Jersey Design
(0:10:03) - New Zealand's Housing Crisis and Economy
(0:24:29) - Retirement Planning and Property Investment
(0:33:52) - Motorway Drive and Non-Alcoholic Drinks