April 9, 2021

The Government announced its new housing package on 23 March. In doing so, they used some political capital. The following meme is apt:Any significant change that might impact residential housing prices was going to trigger a fight. The changes announced? Definitely. Below are some of my comments about the package, not to ...

September 18, 2020

Finance is important. It wins wars. Modern finance is one of the drivers for the quality of life we currently enjoy. Money and our financial system enable us to enter into transactions, specialise, and allows us to take money into and out of the future. Capital allocation One of the ...

January 25, 2019

I’ve met a number of people who’ve made a decent amount of money from property investment. I tip my hat to each and every one of them. Below is a consciously arbitrary, tongue-in-cheek, categorisation of three different types of property investors. The professional property investor Most of the people I’d ...

July 23, 2018

There are two main ways to make money when you invest in property: income (such as rent) and capital gains. Broadly speaking, income yields from property aren’t spectacular at the moment. Especially once you consider the risks involved with investing in direct property (illiquid, undiversified investments). I’m going on a ...

January 4, 2018

New subscribers to the NZ Wealth & Risk mailing list receive a Build Your Own Financial Plan series of emails. This series consists of more than a dozen regular emails detailing certain aspects of your financial life.  Below is an excerpt from one of the lessons. It’s about home ownership. If ...

July 4, 2017

Any political party is going to support the idea of “housing affordability”. Who wouldn’t! The issue with housing affordability is that it relates to property prices.  Broadly speaking, the way to make housing more affordable is to reduce property prices. Many voters are property owners. For most of these people, ...

June 7, 2017

Josh Barro, writing for The New York Times: “Imagine if we bought food the way we buy housing. Instead of buying the food you need right now, you would buy a contract giving you rights to a stream of food in perpetuity. Say, a contract entitling you to five pounds ...

May 23, 2017

  I have many questions about investing in residential property. I have my own ideas about some of the answers, but I wish I could have answers that are more satisfactory and align with property prices in New Zealand and Australia at the moment. If investing in residential property is ...

July 20, 2016

Something I’ve been thinking about a lot lately is where financial advisers should stand with respect to residential property.  Traditionally, advisers have oriented towards advising on financial assets – cash, fixed interest products like term deposits and bonds, managed investment schemes, direct shares, superannuation and Kiwisaver products. Certainly, there is a ...