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and insurance going up, and capital gains tax becoming a hot-topic, is planning your life around the property ladder outdated?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.

LISTEN ABOVE

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and insurance going up, and capital gains tax becoming a hot-topic, is planning your life around the property ladder outdated?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.
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: The property ladder is still worth climbing and holding on to

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d6185424-e823-4196-a058-b47d00560bfa/transcript