For a long time, the kiwi dream has been to do whatever it takes to get onto the property ladder and work your way up from there, but some investors are moving away from that advice - instead suggesting that it might be a better idea to rent and put your money elsewhere. 

It's not just the cost of the property and the mortgage repayments. You're paying to maintain the property in a way you wouldn't be if it were a rental, you're covering rates, insurance, and all the other little costs that add up pretty quickly. 

That's money that some investors argue could be spent on investments, or on a rental of your own that would at least bring some return. 

LISTEN ABOVE

For a long time, the kiwi dream has been to do whatever it takes to get onto the property ladder and work your way up from there, but some investors are moving away from that advice - instead suggesting that it might be a better idea to rent and put your money elsewhere.&nbsp;
It's not just the cost of the property and the mortgage repayments. You're paying to maintain the property in a way you wouldn't be if it were a rental, you're covering rates, insurance, and all the other little costs that add up pretty quickly.&nbsp;
That's money that some investors argue could be spent on investments, or on a rental of your own that would at least bring some return.&nbsp;
LISTEN ABOVE

The Weekend Collective on Newstalk ZB is an intelligent and fun take on the life you live and what you love. From Barrister to singer to recording artist and concert producer, including performing the national anthem for the All Blacks, you name it, Tim Beveridge has done it. Joined by a range of special expert guests throughout the afternoon, The Weekend Collective will cover off the issues of the week, politics, parenting, finance, wellness and property.

The Weekend Collective on Newstalk ZB is an intelligent and fun take on the life you live and what you love. From Barrister to singer to recording artist and concert producer, including performing the national anthem for the All Blacks, you name it, Tim Beveridge has done it. Joined by a range of special expert guests throughout the afternoon, The Weekend Collective will cover off the issues of the week, politics, parenting, finance, wellness and property.

The Weekend Collective

Ed McKnight: Is it still worth buying a house?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f48328d7-a1db-48f9-b8e1-b41b0041c0c9/transcript