Property's been the golden-goose egg in New Zealand for as long as we've known. It was your retirement plan, your income stream, your lifeline, and what you worked towards.

The plan was simple: buy a house, pay it off and/or rent it out, and by the time you stopped working you had something solid behind you. It was our version of the American Dream.

But with the house market in a state of volatility or decline, interest rates and insurance going up, and capital gains tax becoming a hot-topic, is planning your life around the property ladder outdated? or is it a financial trap?

So is property still the asset it was, or should we starting widening our view elsewhere?

Opes Partners Resident Economist Ed Mcknight joins Tim Beveridge now for the One Roof Radio show.

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