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"Is Politics About To Ruin My First Home Buying Plans?" - Mailbag Episode · Making Cents

• 0:00
  Trying
• 0:00
  to
• 0:00
  buy
• 0:01
  your
• 0:01
  first
• 0:01
  home
• 0:01
  is
• 0:01
  stressful
• 0:02
  enough,
• 0:03
  but
• 0:03
  what
• 0:04
  happens
• 0:04
  when
• 0:04
  politics
• 0:05
  starts
• 0:05
  messing
• 0:06
  with
• 0:06
  the
• 0:06
  property
• 0:06
  market
• 0:07
  at
• 0:07
  the
• 0:07
  exact
• 0:08
  same
• 0:09
  time?
• 0:10
  Because
• 0:10
  this
• 0:10
  year
• 0:10
  we've
• 0:11
  got
• 0:11
  an
• 0:11
  election
• 0:11
  coming
• 0:12
  up
• 0:12
  and
• 0:13
  already
• 0:13
  there's
• 0:13
  talk
• 0:13
  of
• 0:14
  capital
• 0:14
  gains
• 0:14
  taxes,
• 0:15
  housing
• 0:16
  policy
• 0:16
  changes
• 0:17
  and
• 0:17
  whether
• 0:18
  politicians
• 0:19
  might
• 0:19
  try
• 0:19
  to
• 0:20
  influence
• 0:20
  the
• 0:20
  market.
• 0:21
  Which
• 0:22
  raises
• 0:22
  a
• 0:22
  tricky
• 0:23
  question
• 0:23
  for
• 0:24
  anyone
• 0:24
  hoping
• 0:25
  to
• 0:25
  buy
• 0:25
  this
• 0:25
  year.
• 0:26
  Should
• 0:27
  you
• 0:27
  speed
• 0:27
  things
• 0:27
  up
• 0:28
  or
• 0:28
  wait
• 0:29
  until
• 0:30
  the
• 0:30
  political
• 0:30
  dust
• 0:31
  settles?
• 0:32
  And
• 0:32
  today's
• 0:32
  listener
• 0:33
  wrestling
• 0:34
  with
• 0:34
  exactly
• 0:35
  that.
• 0:36
  They're
• 0:36
  ready
• 0:37
  to
• 0:37
  buy
• 0:37
  their
• 0:38
  first
• 0:38
  home,
• 0:39
  but
• 0:39
  they're
• 0:40
  worried
• 0:40
  the
• 0:40
  election
• 0:41
  could
• 0:41
  turn
• 0:41
  housing
• 0:42
  into
• 0:42
  a
• 0:42
  political
• 0:42
  football
• 0:43
  and
• 0:43
  change
• 0:44
  what
• 0:44
  they
• 0:44
  should
• 0:44
  be
• 0:44
  doing.
• 0:45
  So
• 0:46
  what
• 0:46
  actually
• 0:46
  happens
• 0:47
  to
• 0:47
  the
• 0:47
  housing
• 0:47
  market
• 0:48
  in
• 0:48
  an
• 0:48
  election
• 0:48
  year?
• 0:49
  And
• 0:49
  how
• 0:50
  much
• 0:50
  of
• 0:50
  the
• 0:50
  political
• 0:50
  noise
• 0:51
  really
• 0:52
  affects
• 0:52
  what's
• 0:53
  happening
• 0:53
  on
• 0:53
  the
• 0:54
  ground?
• 0:55
  Welcome
• 0:55
  to
• 0:55
  Ask
• 0:55
  the
• 0:56
  Experts
• 0:56
  where
• 0:56
  each
• 0:56
  week
• 0:57
  someone
• 0:57
  from
• 0:57
  inside
• 0:58
  the
• 0:58
  money
• 0:58
  world
• 0:59
  helps
• 0:59
  answer
• 1:00
  your
• 1:00
  real
• 1:00
  life
• 1:01
  financial
• 1:01
  questions.
• 1:02
  And
• 1:02
  today
• 1:03
  we're
• 1:03
  diving
• 1:04
  into
• 1:04
  the
• 1:04
  property
• 1:05
  market.
• 1:05
  Making
• 1:06
  Sense
• 1:06
  is
• 1:06
  partnered
• 1:07
  with
• 1:07
  Realestate
• 1:08
  Co
• 1:08
  NZ
• 1:09
  to
• 1:10
  get
• 1:10
  you
• 1:10
  the
• 1:10
  info
• 1:11
  you
• 1:11
  need
• 1:11
  in
• 1:11
  today's
• 1:12
  market.
• 1:13
  Realestate
• 1:14
  Co
• 1:14
  NZ
• 1:14
  gives
• 1:15
  you
• 1:15
  so
• 1:15
  many
• 1:16
  ways
• 1:16
  to
• 1:16
  search
• 1:17
  and
• 1:17
  so
• 1:18
  much
• 1:18
  information
• 1:19
  to
• 1:19
  to
• 1:19
  help
• 1:19
  you
• 1:19
  make
• 1:20
  decisions.
• 1:21
  Realestate
• 1:22
  Co
• 1:22
  NZ
• 1:23
  download
• 1:24
  the
• 1:24
  app
• 1:24
  today.
• 1:25
  Welcome,
• 1:26
  Vanessa
• 1:26
  Williams.
• 1:27
  Are
• 1:27
  you
• 1:27
  ready
• 1:27
  for
• 1:28
  the
• 1:28
  letter?
• 1:28
  I
• 1:28
  am
• 1:29
  indeed.
• 1:29
  Thank
• 1:29
  you
• 1:29
  so
• 1:29
  much
• 1:30
  for
• 1:30
  having
• 1:30
  me
• 1:30
  here
• 1:30
  again.
• 1:31
  All
• 1:31
  right,
• 1:31
  here
• 1:32
  we
• 1:32
  go.
• 1:32
  Hi,
• 1:32
  Frances.
• 1:33
  We'd
• 1:33
  love
• 1:34
  to
• 1:34
  buy
• 1:34
  our
• 1:34
  first
• 1:34
  home
• 1:34
  this
• 1:35
  year,
• 1:35
  but
• 1:35
  with
• 1:35
  it
• 1:35
  being
• 1:35
  an
• 1:36
  election
• 1:36
  year,
• 1:36
  we're
• 1:37
  worried
• 1:37
  politics
• 1:38
  is
• 1:38
  about
• 1:38
  to
• 1:38
  get
• 1:38
  in
• 1:39
  the
• 1:39
  way.
• 1:40
  The
• 1:40
  government
• 1:40
  wanted
• 1:41
  more
• 1:41
  houses
• 1:41
  built,
• 1:41
  but
• 1:42
  now
• 1:42
  it
• 1:42
  seems
• 1:42
  they're
• 1:42
  walking
• 1:43
  that
• 1:43
  back
• 1:43
  and
• 1:43
  saying
• 1:44
  they
• 1:44
  don't
• 1:44
  want
• 1:44
  too
• 1:44
  much
• 1:44
  intensification.
• 1:46
  Capital
• 1:46
  gains
• 1:47
  tax
• 1:47
  is
• 1:47
  being
• 1:47
  talked
• 1:47
  about
• 1:48
  again
• 1:48
  and
• 1:48
  my
• 1:49
  friends
• 1:49
  say
• 1:49
  the
• 1:49
  government
• 1:50
  won't
• 1:50
  like
• 1:50
  that.
• 1:51
  House
• 1:51
  prices
• 1:51
  are
• 1:51
  down
• 1:52
  so
• 1:52
  we'll
• 1:52
  try
• 1:53
  to
• 1:53
  boost
• 1:53
  them
• 1:53
  in
• 1:54
  order
• 1:54
  to
• 1:54
  get
• 1:54
  votes.
• 1:55
  So
• 1:56
  if
• 1:56
  I'm
• 1:56
  wanting
• 1:57
  to
• 1:57
  buy
• 1:57
  this
• 1:57
  year,
• 1:58
  is
• 1:58
  it
• 1:58
  likely
• 1:58
  that
• 1:59
  housing
• 1:59
  becomes
• 2:00
  a
• 2:00
  political
• 2:00
  football?
• 2:01
  What
• 2:02
  do
• 2:02
  you
• 2:02
  think
• 2:02
  are
• 2:03
  likely
• 2:03
  changes?
• 2:04
  Let's
• 2:04
  just
• 2:04
  talk.
• 2:05
  Should
• 2:06
  I
• 2:06
  try
• 2:06
  to
• 2:06
  speed
• 2:06
  up
• 2:06
  the
• 2:07
  house
• 2:07
  buying
• 2:07
  process
• 2:08
  or
• 2:08
  should
• 2:08
  I
• 2:08
  delay
• 2:09
  and
• 2:09
  wait
• 2:10
  until
• 2:10
  it's
• 2:10
  all
• 2:10
  over?
• 2:11
  We
• 2:11
  don't
• 2:12
  want
• 2:12
  to
• 2:12
  panic
• 2:12
  by,
• 2:13
  but
• 2:13
  we
• 2:13
  also
• 2:14
  don't
• 2:14
  want
• 2:14
  to
• 2:14
  sit
• 2:14
  on
• 2:15
  the
• 2:15
  sidelines
• 2:15
  forever
• 2:16
  waiting
• 2:16
  for
• 2:16
  a
• 2:16
  certainty
• 2:17
  that
• 2:18
  never
• 2:18
  comes.
• 2:19
  Thanks.
• 2:21
  Some
• 2:21
  really
• 2:22
  good
• 2:22
  points
• 2:22
  in
• 2:22
  this.
• 2:23
  They've
• 2:23
  clearly
• 2:24
  been
• 2:24
  paying
• 2:24
  attention
• 2:24
  to
• 2:24
  the
• 2:24
  news
• 2:25
  cycle.
• 2:25
  Absolutely.
• 2:26
  A
• 2:26
  lot
• 2:26
  of
• 2:26
  good
• 2:26
  questions.
• 2:27
  Right.
• 2:28
  So
• 2:29
  if
• 2:30
  we
• 2:30
  start
• 2:30
  by
• 2:30
  sort
• 2:30
  of
• 2:30
  looking
• 2:31
  back
• 2:31
  at
• 2:31
  what
• 2:31
  history
• 2:31
  can
• 2:32
  teach
• 2:32
  us,
• 2:32
  what's
• 2:32
  happened
• 2:32
  in
• 2:33
  previous
• 2:33
  election
• 2:34
  cycles,
• 2:34
  do
• 2:34
  we
• 2:34
  know?
• 2:35
  The
• 2:35
  last
• 2:36
  couple
• 2:36
  have
• 2:36
  been
• 2:36
  interesting
• 2:37
  ones?
• 2:37
  2023,
• 2:38
  we
• 2:38
  were
• 2:39
  still
• 2:39
  sort
• 2:39
  of
• 2:39
  coming
• 2:40
  out
• 2:40
  the
• 2:40
  back
• 2:40
  of
• 2:41
  COVID
• 2:42
  and
• 2:42
  so
• 2:42
  there
• 2:42
  was
• 2:42
  sort
• 2:43
  of.
• 2:43
  It's
• 2:43
  a
• 2:43
  little
• 2:43
  bit
• 2:43
  of
• 2:43
  a
• 2:43
  mixed
• 2:44
  emotion
• 2:44
  on
• 2:44
  that
• 2:44
  one.
• 2:45
  And
• 2:45
  then
• 2:45
  of
• 2:45
  course
• 2:45
  we
• 2:46
  had
• 2:46
  the
• 2:46
  one
• 2:46
  right
• 2:46
  in
• 2:47
  the
• 2:47
  middle
• 2:47
  of
• 2:48
  2020,
• 2:48
  or
• 2:49
  right
• 2:49
  at
• 2:49
  the
• 2:49
  end,
• 2:49
  I
• 2:49
  should
• 2:49
  say.
• 2:50
  But
• 2:50
  being
• 2:50
  in
• 2:50
  the
• 2:51
  middle
• 2:51
  of
• 2:51
  all
• 2:51
  this
• 2:51
  Covid
• 2:52
  nonsense
• 2:52
  that
• 2:53
  was
• 2:53
  going
• 2:53
  on
• 2:53
  at
• 2:53
  that
• 2:53
  time
• 2:54
  and
• 2:54
  we
• 2:54
  had
• 2:55
  no
• 2:55
  idea
• 2:55
  what
• 2:56
  was
• 2:56
  going
• 2:56
  to
• 2:56
  happen.
• 2:56
  So
• 2:57
  that
• 2:58
  was
• 2:58
  probably
• 2:58
  our
• 2:58
  most
• 2:59
  unusual
• 3:00
  election
• 3:01
  year.
• 3:01
  For
• 3:01
  what
• 3:02
  happened
• 3:02
  in
• 3:02
  the
• 3:02
  property
• 3:03
  market
• 3:03
  was
• 3:03
  2020,
• 3:04
  just
• 3:04
  because
• 3:05
  again,
• 3:05
  we
• 3:06
  were
• 3:06
  all
• 3:06
  trapped
• 3:06
  at
• 3:06
  home,
• 3:07
  we
• 3:07
  were
• 3:07
  all
• 3:07
  trapped
• 3:08
  in
• 3:08
  New
• 3:08
  Zealand.
• 3:08
  And
• 3:09
  of
• 3:09
  course,
• 3:09
  the
• 3:09
  two
• 3:10
  things,
• 3:10
  Kiwis
• 3:10
  love
• 3:11
  property
• 3:11
  and
• 3:12
  travel.
• 3:12
  You
• 3:13
  take
• 3:13
  away
• 3:13
  travel,
• 3:14
  boom.
• 3:14
  We're
• 3:15
  all
• 3:15
  talking
• 3:15
  about
• 3:16
  property,
• 3:16
  especially
• 3:16
  because
• 3:16
  we're
• 3:17
  stuck
• 3:17
  in
• 3:17
  our
• 3:17
  houses.
• 3:18
  So
• 3:18
  that
• 3:18
  was
• 3:18
  an
• 3:18
  interesting
• 3:19
  year
• 3:19
  because
• 3:19
  if
• 3:19
  anything
• 3:20
  we
• 3:20
  had
• 3:20
  an
• 3:20
  acceleration
• 3:21
  of
• 3:21
  the
• 3:21
  property
• 3:22
  market.
• 3:22
  But
• 3:23
  I
• 3:23
  would
• 3:23
  say
• 3:23
  that
• 3:24
  was
• 3:24
  definitely
• 3:24
  because
• 3:25
  of
• 3:25
  COVID
• 3:26
  not
• 3:26
  the
• 3:26
  election
• 3:26
  year,
• 3:27
  but
• 3:28
  prior
• 3:28
  to
• 3:28
  that,
• 3:28
  because
• 3:29
  I've
• 3:29
  been
• 3:29
  doing
• 3:29
  this
• 3:29
  for
• 3:30
  so
• 3:30
  long,
• 3:30
  there's
• 3:30
  been
• 3:30
  a
• 3:30
  few
• 3:30
  more
• 3:31
  elections
• 3:32
  I've
• 3:32
  been
• 3:32
  part
• 3:32
  of
• 3:32
  since
• 3:33
  then.
• 3:33
  But
• 3:34
  what
• 3:34
  typically
• 3:35
  happens,
• 3:35
  and
• 3:36
  you
• 3:36
  will
• 3:36
  probably
• 3:36
  see
• 3:37
  this
• 3:37
  happen
• 3:37
  across
• 3:38
  a
• 3:38
  lot
• 3:38
  of
• 3:38
  commentators,
• 3:38
  across
• 3:39
  a
• 3:39
  lot
• 3:39
  of
• 3:39
  markets,
• 3:40
  but
• 3:40
  certainly
• 3:40
  in
• 3:40
  the
• 3:41
  property
• 3:41
  market,
• 3:42
  is
• 3:42
  that
• 3:42
  Kiwis
• 3:43
  love
• 3:43
  to
• 3:43
  transact
• 3:44
  under
• 3:45
  more
• 3:45
  certainty
• 3:45
  than
• 3:46
  less.
• 3:47
  And
• 3:47
  of
• 3:47
  course
• 3:48
  an
• 3:48
  election
• 3:48
  year,
• 3:49
  whether
• 3:49
  we
• 3:49
  have
• 3:50
  a
• 3:50
  whole
• 3:50
  bunch
• 3:50
  of
• 3:50
  housing
• 3:51
  policies
• 3:51
  or
• 3:51
  we
• 3:52
  have
• 3:52
  very
• 3:52
  few,
• 3:53
  typically
• 3:54
  we're
• 3:54
  always
• 3:54
  sort
• 3:55
  of
• 3:55
  thinking,
• 3:56
  shall
• 3:56
  I
• 3:56
  wait
• 3:57
  and
• 3:57
  see?
• 3:57
  But
• 3:58
  all
• 3:58
  I
• 3:58
  would
• 3:58
  say
• 3:58
  is
• 3:59
  you
• 3:59
  don't
• 3:59
  want
• 4:00
  to
• 4:00
  sit
• 4:00
  in
• 4:00
  that
• 4:01
  backseat
• 4:01
  for
• 4:01
  too
• 4:01
  long
• 4:02
  and
• 4:02
  really
• 4:03
  regret
• 4:03
  a
• 4:03
  decision
• 4:04
  because
• 4:04
  you.
• 4:05
  Every
• 4:05
  year
• 4:05
  that
• 4:05
  goes
• 4:06
  by,
• 4:06
  the
• 4:07
  market
• 4:07
  is
• 4:07
  going
• 4:07
  to
• 4:08
  change.
• 4:09
  Now,
• 4:09
  the
• 4:09
  last
• 4:10
  three
• 4:10
  years,
• 4:10
  we
• 4:11
  have
• 4:11
  seen
• 4:11
  a
• 4:11
  very
• 4:12
  sturdy,
• 4:13
  very
• 4:13
  stable
• 4:14
  market.
• 4:15
  Yes,
• 4:15
  it's
• 4:15
  come
• 4:15
  back
• 4:16
  from
• 4:16
  that
• 4:16
  very
• 4:16
  peak
• 4:17
  at
• 4:17
  the
• 4:17
  top
• 4:17
  of
• 4:17
  2021
• 4:19
  came
• 4:19
  back,
• 4:19
  dropped
• 4:20
  around
• 4:20
  15%,
• 4:21
  give
• 4:21
  or
• 4:22
  take,
• 4:22
  across
• 4:22
  the
• 4:22
  nation.
• 4:23
  But
• 4:23
  it
• 4:23
  has
• 4:24
  been
• 4:24
  very,
• 4:24
  very
• 4:25
  flat
• 4:25
  since
• 4:25
  the
• 4:25
  end
• 4:26
  of
• 4:26
  2021.
• 4:27
  So
• 4:27
  that
• 4:28
  gives
• 4:28
  buyers
• 4:29
  a
• 4:29
  lot
• 4:29
  more
• 4:29
  comfort
• 4:30
  and
• 4:30
  a
• 4:30
  lot
• 4:31
  more
• 4:31
  confidence.
• 4:33
  Now,
• 4:33
  if
• 4:33
  you
• 4:33
  haven't
• 4:33
  found
• 4:34
  that
• 4:34
  confidence
• 4:35
  in
• 4:35
  the
• 4:36
  last
• 4:36
  three
• 4:36
  years,
• 4:36
  I'd
• 4:37
  really
• 4:37
  take
• 4:37
  a
• 4:37
  good
• 4:37
  hard
• 4:38
  look
• 4:38
  and
• 4:38
  go,
• 4:38
  am
• 4:39
  I
• 4:39
  gonna
• 4:39
  miss
• 4:39
  the
• 4:40
  window?
• 4:41
  Cause
• 4:41
  that
• 4:41
  could
• 4:42
  that
• 4:42
  hesitation
• 4:43
  of
• 4:43
  probably
• 4:44
  one
• 4:44
  of
• 4:44
  the
• 4:44
  flattest
• 4:45
  property
• 4:45
  markets
• 4:45
  we've
• 4:46
  seen
• 4:46
  in
• 4:47
  certainly
• 4:47
  the
• 4:47
  history
• 4:47
  of
• 4:48
  real
• 4:48
  estate
• 4:48
  co
• 4:48
  nz.
• 4:49
  But
• 4:49
  I'd
• 4:49
  probably
• 4:49
  argue
• 4:50
  at
• 4:50
  the
• 4:50
  history
• 4:50
  of
• 4:50
  the
• 4:50
  New
• 4:51
  Zealand
• 4:51
  property
• 4:51
  market
• 4:52
  to
• 4:53
  have
• 4:53
  very
• 4:53
  consistent
• 4:54
  flat
• 4:54
  market
• 4:55
  for
• 4:55
  over
• 4:55
  three
• 4:55
  and
• 4:56
  a
• 4:56
  half
• 4:56
  years.
• 4:57
  If
• 4:57
  you're
• 4:57
  not
• 4:57
  a
• 4:57
  particularly
• 4:58
  risky
• 4:58
  person,
• 4:59
  I
• 4:59
  would
• 4:59
  start
• 4:59
  kicking
• 5:00
  into
• 5:00
  action
• 5:00
  if
• 5:00
  I
• 5:00
  was
• 5:01
  you.
• 5:01
  Yeah.
• 5:02
  And
• 5:02
  this
• 5:02
  is
• 5:02
  the
• 5:02
  problem,
• 5:03
  right,
• 5:03
  is
• 5:03
  you
• 5:04
  never
• 5:04
  truly
• 5:05
  know
• 5:05
  what's
• 5:06
  coming
• 5:06
  next.
• 5:06
  And
• 5:07
  we
• 5:07
  see
• 5:07
  these
• 5:07
  political
• 5:08
  Promises
• 5:08
  bandied
• 5:09
  about,
• 5:09
  they
• 5:10
  may
• 5:10
  or
• 5:10
  may
• 5:10
  not
• 5:10
  be
• 5:11
  delivered.
• 5:11
  Certainly
• 5:11
  it
• 5:12
  depends
• 5:12
  on
• 5:12
  who
• 5:12
  comes
• 5:12
  in
• 5:12
  and
• 5:13
  then
• 5:13
  do
• 5:14
  they
• 5:14
  deliver
• 5:14
  what
• 5:14
  they
• 5:14
  say
• 5:15
  they
• 5:15
  would?
• 5:15
  You
• 5:15
  know,
• 5:16
  depending
• 5:16
  on
• 5:17
  various
• 5:17
  coalition
• 5:18
  negotiations.
• 5:20
  But
• 5:20
  it's,
• 5:21
  as
• 5:21
  you
• 5:22
  say,
• 5:22
  so
• 5:22
  much
• 5:22
  of
• 5:23
  it
• 5:23
  also
• 5:23
  depends
• 5:23
  on
• 5:24
  where
• 5:24
  you're
• 5:25
  at
• 5:26
  and
• 5:26
  what
• 5:26
  the
• 5:26
  market
• 5:27
  has
• 5:27
  been
• 5:27
  doing
• 5:27
  until
• 5:28
  now.
• 5:30
  How
• 5:30
  do
• 5:30
  you
• 5:31
  balance
• 5:31
  out
• 5:32
  those
• 5:32
  factors?
• 5:33
  That's
• 5:33
  hard,
• 5:34
  right?
• 5:34
  It
• 5:35
  is
• 5:35
  really
• 5:35
  hard.
• 5:36
  If,
• 5:36
  you
• 5:37
  know,
• 5:38
  probably
• 5:38
  New
• 5:39
  Zealanders
• 5:39
  are
• 5:39
  going
• 5:40
  to
• 5:40
  halt,
• 5:41
  they
• 5:41
  might
• 5:42
  take
• 5:42
  a
• 5:42
  little
• 5:42
  bit
• 5:42
  more
• 5:42
  heat
• 5:43
  out
• 5:43
  of
• 5:43
  the
• 5:43
  market
• 5:43
  again,
• 5:44
  it
• 5:44
  might
• 5:44
  remain
• 5:45
  stable
• 5:45
  for
• 5:45
  a
• 5:45
  bit
• 5:46
  longer.
• 5:46
  Why
• 5:47
  not
• 5:47
  be
• 5:47
  that
• 5:48
  person
• 5:48
  that
• 5:49
  goes,
• 5:49
  right,
• 5:49
  you
• 5:49
  know
• 5:50
  what,
• 5:50
  this
• 5:50
  is
• 5:50
  the
• 5:50
  year
• 5:50
  that
• 5:50
  we're
• 5:51
  going
• 5:51
  to
• 5:51
  get
• 5:51
  it
• 5:51
  sorted
• 5:51
  for
• 5:52
  ourselves,
• 5:52
  because
• 5:53
  would
• 5:53
  you
• 5:53
  rather
• 5:54
  transact
• 5:54
  in
• 5:54
  a
• 5:54
  more
• 5:55
  stable
• 5:55
  market
• 5:56
  or.
• 5:56
  Or
• 5:56
  would
• 5:56
  you
• 5:57
  rather
• 5:57
  be
• 5:57
  regretting
• 5:58
  that
• 5:59
  timestamp,
• 6:00
  for
• 6:00
  lack
• 6:00
  of
• 6:00
  a
• 6:00
  better
• 6:00
  word,
• 6:01
  and
• 6:01
  go,
• 6:01
  oh,
• 6:01
  my
• 6:02
  goodness,
• 6:02
  why
• 6:02
  didn't
• 6:02
  we
• 6:03
  do
• 6:03
  this
• 6:03
  when
• 6:04
  there
• 6:04
  wasn't
• 6:04
  too
• 6:04
  many
• 6:05
  people
• 6:05
  walking
• 6:05
  in
• 6:05
  out
• 6:06
  of
• 6:06
  open
• 6:06
  homes,
• 6:06
  when
• 6:07
  we
• 6:07
  weren't
• 6:07
  negotiating
• 6:08
  with
• 6:08
  three
• 6:08
  or
• 6:08
  four
• 6:08
  people?
• 6:09
  And
• 6:09
  what
• 6:10
  I
• 6:10
  will
• 6:10
  say
• 6:10
  is,
• 6:10
  though,
• 6:10
  you
• 6:11
  know,
• 6:11
  good
• 6:11
  houses,
• 6:12
  there
• 6:12
  are
• 6:12
  certainly
• 6:13
  some
• 6:13
  amazing
• 6:13
  houses
• 6:13
  out
• 6:14
  there
• 6:14
  that
• 6:14
  are
• 6:14
  certainly
• 6:14
  well
• 6:15
  priced,
• 6:15
  that
• 6:15
  are
• 6:16
  absolutely
• 6:16
  moving.
• 6:17
  I
• 6:18
  mean,
• 6:18
  I
• 6:18
  get
• 6:19
  very
• 6:19
  regular
• 6:19
  updates
• 6:20
  around
• 6:20
  what's
• 6:20
  happening
• 6:20
  in
• 6:21
  my
• 6:21
  mother's
• 6:21
  neighbourhood
• 6:22
  and,
• 6:22
  you
• 6:22
  know,
• 6:22
  she
• 6:23
  said,
• 6:23
  vanessa,
• 6:23
  you'll
• 6:24
  never
• 6:24
  guess.
• 6:24
  The
• 6:24
  property
• 6:24
  next
• 6:25
  door
• 6:25
  sold
• 6:25
  in
• 6:25
  a
• 6:26
  week.
• 6:26
  We
• 6:26
  are
• 6:26
  starting
• 6:27
  to
• 6:27
  see
• 6:27
  those
• 6:27
  sold
• 6:28
  sign
• 6:29
  stickers
• 6:30
  pop
• 6:30
  up
• 6:31
  really
• 6:31
  quickly
• 6:31
  at
• 6:31
  the
• 6:32
  moment,
• 6:32
  especially
• 6:32
  for
• 6:32
  those
• 6:33
  that
• 6:33
  are
• 6:33
  well
• 6:33
  priced.
• 6:34
  What
• 6:34
  do
• 6:34
  we
• 6:34
  know
• 6:35
  about
• 6:35
  supply?
• 6:37
  What
• 6:37
  is
• 6:37
  happening
• 6:38
  with
• 6:38
  supply
• 6:39
  at
• 6:39
  the
• 6:39
  moment
• 6:39
  and
• 6:39
  how
• 6:40
  do
• 6:40
  we
• 6:40
  see
• 6:40
  it
• 6:40
  impacting
• 6:41
  things?
• 6:42
  So
• 6:42
  we've
• 6:42
  got
• 6:42
  a
• 6:43
  very
• 6:43
  healthy
• 6:43
  level
• 6:44
  of
• 6:44
  supply
• 6:44
  at
• 6:44
  the
• 6:45
  moment.
• 6:45
  There's
• 6:45
  around
• 6:46
  36,000
• 6:47
  homes
• 6:48
  available
• 6:48
  for
• 6:48
  New
• 6:49
  Zealanders
• 6:49
  to
• 6:49
  peruse
• 6:50
  and
• 6:51
  I
• 6:51
  would
• 6:51
  encourage
• 6:51
  you
• 6:51
  go
• 6:51
  and
• 6:52
  have
• 6:52
  a
• 6:52
  look
• 6:52
  out
• 6:52
  there.
• 6:52
  There
• 6:53
  are
• 6:53
  some
• 6:53
  awesome
• 6:54
  homes
• 6:54
  available
• 6:54
  at
• 6:54
  the
• 6:55
  moment.
• 6:55
  We
• 6:55
  are
• 6:56
  seeing
• 6:56
  sellers
• 6:57
  have
• 6:57
  got
• 6:57
  a
• 6:57
  lot
• 6:57
  of
• 6:57
  confidence
• 6:58
  in
• 6:58
  the
• 6:58
  market
• 6:58
  at
• 6:58
  the
• 6:59
  moment.
• 6:59
  So
• 6:59
  looking
• 7:00
  at
• 7:00
  the
• 7:00
  latest
• 7:00
  stats,
• 7:00
  in
• 7:01
  February
• 7:01
  they
• 7:01
  were,
• 7:02
  it
• 7:02
  was
• 7:02
  up
• 7:02
  around
• 7:03
  7.8%
• 7:04
  year
• 7:04
  on
• 7:04
  year.
• 7:05
  So
• 7:05
  sellers
• 7:06
  are
• 7:06
  quite
• 7:07
  a
• 7:07
  bit
• 7:07
  more
• 7:07
  confident
• 7:08
  than
• 7:08
  they
• 7:08
  were
• 7:08
  this
• 7:08
  time
• 7:09
  last
• 7:09
  year.
• 7:10
  And
• 7:10
  we're
• 7:10
  also
• 7:10
  seeing
• 7:11
  that
• 7:11
  flow
• 7:11
  into
• 7:11
  sales.
• 7:12
  So
• 7:13
  sales
• 7:13
  numbers
• 7:13
  are
• 7:14
  actually
• 7:14
  really
• 7:14
  healthy
• 7:15
  as
• 7:15
  well.
• 7:15
  Around
• 7:15
  that
• 7:16
  six
• 7:16
  to
• 7:16
  seven
• 7:16
  thousand
• 7:17
  homes
• 7:17
  are
• 7:17
  transacting
• 7:18
  every
• 7:18
  month.
• 7:19
  We
• 7:19
  look
• 7:20
  at
• 7:20
  a
• 7:20
  low
• 7:20
  or
• 7:20
  a
• 7:21
  kind
• 7:21
  of
• 7:21
  a
• 7:21
  soft
• 7:21
  market.
• 7:22
  It
• 7:22
  sort
• 7:22
  of
• 7:22
  sits
• 7:23
  between
• 7:23
  four,
• 7:23
  four
• 7:23
  and
• 7:24
  a
• 7:24
  half
• 7:24
  thousand
• 7:24
  homes.
• 7:25
  So
• 7:25
  sitting
• 7:26
  between
• 7:26
  sort
• 7:26
  of
• 7:26
  six
• 7:26
  and
• 7:27
  a
• 7:27
  half
• 7:27
  to
• 7:27
  7,000,
• 7:28
  you're
• 7:28
  really
• 7:28
  starting
• 7:28
  to
• 7:29
  see
• 7:29
  not
• 7:29
  only
• 7:30
  sellers
• 7:30
  being
• 7:30
  confident
• 7:31
  bringing
• 7:31
  their
• 7:31
  properties
• 7:32
  to
• 7:32
  market,
• 7:32
  but
• 7:33
  also
• 7:33
  buyers
• 7:33
  seeing
• 7:34
  that
• 7:34
  value
• 7:34
  and
• 7:34
  Transacting
• 7:35
  at
• 7:35
  the
• 7:35
  same
• 7:36
  time
• 7:36
  as
• 7:36
  well.
• 7:36
  So
• 7:37
  while
• 7:38
  it's
• 7:38
  still
• 7:38
  very
• 7:38
  stable,
• 7:39
  but
• 7:39
  there's
• 7:39
  certainly
• 7:40
  movement,
• 7:40
  is
• 7:40
  what
• 7:41
  I
• 7:41
  would
• 7:41
  say.
• 7:41
  Now
• 7:42
  what
• 7:42
  we
• 7:42
  don't
• 7:43
  want
• 7:43
  to
• 7:43
  do
• 7:43
  is
• 7:43
  miss
• 7:43
  this
• 7:44
  moment
• 7:44
  of
• 7:44
  stability
• 7:44
  that
• 7:45
  we've
• 7:45
  got
• 7:45
  right
• 7:45
  now.
• 7:46
  And
• 7:46
  we
• 7:47
  see,
• 7:47
  perhaps
• 7:48
  we
• 7:48
  see
• 7:48
  some
• 7:48
  really
• 7:49
  positive
• 7:49
  political
• 7:50
  enhancements
• 7:51
  come
• 7:51
  to
• 7:51
  the
• 7:52
  property
• 7:52
  market.
• 7:53
  Gives
• 7:53
  buyers
• 7:54
  a
• 7:54
  lot
• 7:54
  more
• 7:54
  confidence,
• 7:55
  gives
• 7:55
  businesses
• 7:55
  a
• 7:55
  lot
• 7:55
  more
• 7:56
  confidence,
• 7:56
  gives
• 7:56
  sellers
• 7:57
  a
• 7:57
  lot
• 7:57
  more
• 7:57
  confidence.
• 7:57
  And
• 7:57
  then
• 7:58
  we
• 7:58
  start
• 7:58
  to
• 7:58
  see
• 7:58
  the
• 7:58
  property
• 7:58
  market
• 7:59
  take
• 7:59
  off
• 8:00
  again,
• 8:00
  which
• 8:00
  from
• 8:01
  a
• 8:01
  personal
• 8:02
  perspective,
• 8:02
  I'm
• 8:03
  not
• 8:03
  a
• 8:03
  big
• 8:03
  fan
• 8:04
  of
• 8:04
  transacting
• 8:04
  in
• 8:05
  a
• 8:05
  very
• 8:05
  frantic
• 8:05
  market.
• 8:06
  Some
• 8:06
  people
• 8:06
  might
• 8:07
  love
• 8:07
  it.
• 8:07
  I'm
• 8:07
  personally
• 8:08
  not
• 8:08
  a
• 8:08
  fan.
• 8:08
  And
• 8:09
  if
• 8:09
  you're
• 8:09
  a
• 8:09
  first
• 8:09
  home
• 8:09
  buyer,
• 8:10
  typically
• 8:10
  you
• 8:10
  want
• 8:11
  to
• 8:11
  try
• 8:11
  and
• 8:11
  stay
• 8:11
  away
• 8:12
  from
• 8:12
  those
• 8:12
  markets
• 8:12
  only
• 8:12
  because
• 8:13
  like
• 8:13
  this
• 8:14
  lovely
• 8:14
  listener
• 8:15
  slash
• 8:15
  writer
• 8:15
  said
• 8:16
  to
• 8:16
  us,
• 8:16
  you
• 8:17
  know,
• 8:17
  I
• 8:17
  don't
• 8:17
  want
• 8:17
  to
• 8:18
  miss
• 8:18
  out,
• 8:18
  but
• 8:18
  I
• 8:18
  also
• 8:19
  don't
• 8:19
  really
• 8:19
  want
• 8:19
  to
• 8:20
  be
• 8:20
  in
• 8:20
  a
• 8:20
  frantic
• 8:21
  time
• 8:21
  going,
• 8:21
  oh
• 8:21
  my
• 8:21
  goodness,
• 8:22
  how
• 8:22
  do
• 8:22
  I
• 8:22
  make
• 8:22
  this
• 8:22
  happen?
• 8:23
  So,
• 8:23
  yeah,
• 8:24
  I
• 8:24
  really
• 8:24
  think,
• 8:24
  take
• 8:25
  a
• 8:25
  good
• 8:25
  hard
• 8:25
  look
• 8:25
  at
• 8:25
  the
• 8:25
  market
• 8:26
  we're
• 8:26
  in
• 8:26
  right
• 8:26
  now
• 8:27
  and
• 8:27
  do
• 8:27
  what's
• 8:28
  best
• 8:28
  for
• 8:28
  you
• 8:28
  and
• 8:28
  your
• 8:28
  family
• 8:29
  and
• 8:29
  your
• 8:29
  financial
• 8:29
  situation.
• 8:30
  Yeah.
• 8:31
  And
• 8:31
  I
• 8:31
  think,
• 8:31
  you
• 8:31
  know,
• 8:32
  it's
• 8:32
  interesting
• 8:32
  that
• 8:32
  we're
• 8:32
  talking
• 8:33
  of
• 8:33
  first
• 8:33
  home
• 8:33
  buyers
• 8:34
  because
• 8:34
  one
• 8:34
  of
• 8:34
  the
• 8:34
  sort
• 8:35
  of
• 8:35
  rumblings
• 8:35
  that
• 8:35
  I've
• 8:35
  heard
• 8:36
  around
• 8:36
  the
• 8:36
  traps
• 8:36
  as
• 8:36
  I
• 8:37
  chat
• 8:37
  to
• 8:37
  people
• 8:38
  is
• 8:38
  that
• 8:38
  first
• 8:39
  home
• 8:39
  buyers,
• 8:39
  second
• 8:40
  seem
• 8:40
  to
• 8:40
  be
• 8:40
  the
• 8:40
  ones
• 8:41
  making
• 8:42
  headway
• 8:43
  in
• 8:43
  the
• 8:43
  current
• 8:43
  conditions.
• 8:44
  Now,
• 8:44
  does
• 8:44
  that
• 8:45
  match
• 8:45
  what
• 8:45
  you're
• 8:46
  seeing?
• 8:46
  Yes,
• 8:47
  that
• 8:47
  does
• 8:47
  match
• 8:47
  what
• 8:47
  we're
• 8:48
  seeing
• 8:48
  as
• 8:48
  well.
• 8:48
  Last
• 8:49
  couple
• 8:49
  of
• 8:49
  years,
• 8:50
  while
• 8:50
  we
• 8:50
  have
• 8:51
  seen
• 8:51
  challenges
• 8:52
  in
• 8:52
  the
• 8:52
  investor
• 8:52
  market
• 8:53
  with
• 8:53
  the
• 8:53
  likes
• 8:54
  of
• 8:54
  more
• 8:54
  legislative
• 8:54
  changes
• 8:55
  around
• 8:55
  things
• 8:56
  like
• 8:56
  bright
• 8:56
  line
• 8:57
  tests
• 8:57
  or
• 8:57
  interest
• 8:57
  deductibility.
• 8:58
  Look,
• 8:59
  I
• 8:59
  know
• 8:59
  those
• 8:59
  have
• 9:00
  changed
• 9:00
  over
• 9:00
  the
• 9:01
  more
• 9:01
  recent
• 9:01
  years,
• 9:01
  but
• 9:02
  you
• 9:02
  know,
• 9:02
  rewind
• 9:03
  sort
• 9:03
  of
• 9:03
  back
• 9:03
  four
• 9:04
  or
• 9:04
  five
• 9:04
  years.
• 9:04
  Those
• 9:05
  particular
• 9:06
  legislative
• 9:07
  changes
• 9:08
  really
• 9:08
  meant
• 9:08
  a
• 9:08
  softening
• 9:09
  in
• 9:09
  the
• 9:09
  investor
• 9:10
  market,
• 9:10
  which
• 9:11
  then
• 9:11
  opens
• 9:11
  up
• 9:11
  opportunities
• 9:12
  across
• 9:12
  for,
• 9:13
  of
• 9:13
  course,
• 9:13
  for
• 9:13
  our
• 9:14
  lovely
• 9:14
  first
• 9:14
  home
• 9:15
  buyers.
• 9:15
  I
• 9:15
  love
• 9:16
  it.
• 9:16
  I
• 9:16
  love
• 9:16
  it.
• 9:16
  And
• 9:16
  especially
• 9:17
  so
• 9:17
  many
• 9:17
  people
• 9:18
  who've
• 9:18
  thought
• 9:18
  that
• 9:18
  they
• 9:18
  weren't
• 9:19
  going
• 9:19
  to
• 9:19
  be
• 9:19
  able
• 9:19
  to
• 9:19
  make
• 9:19
  it
• 9:20
  and
• 9:20
  just
• 9:20
  a
• 9:20
  couple
• 9:20
  of
• 9:20
  little
• 9:20
  tweaks
• 9:21
  and
• 9:21
  I
• 9:21
  just,
• 9:21
  I
• 9:22
  get
• 9:22
  so
• 9:22
  excited
• 9:22
  for
• 9:23
  them
• 9:23
  because
• 9:23
  it
• 9:23
  is,
• 9:24
  it's
• 9:24
  a
• 9:24
  huge,
• 9:24
  huge
• 9:25
  hurdle
• 9:25
  on
• 9:25
  your
• 9:26
  money
• 9:26
  journey.
• 9:27
  What
• 9:28
  about,
• 9:28
  you
• 9:28
  know,
• 9:28
  you
• 9:28
  mentioned
• 9:28
  there
• 9:29
  about
• 9:29
  sort
• 9:29
  of
• 9:29
  investors
• 9:30
  sort
• 9:30
  of
• 9:30
  pulling
• 9:31
  back
• 9:31
  on
• 9:31
  the
• 9:31
  market
• 9:32
  a
• 9:32
  little
• 9:32
  bit.
• 9:32
  Are
• 9:32
  there
• 9:32
  any
• 9:33
  other
• 9:33
  factors
• 9:33
  that
• 9:34
  is
• 9:34
  helping
• 9:34
  out
• 9:34
  the
• 9:35
  first
• 9:35
  home
• 9:35
  buyers?
• 9:35
  I
• 9:35
  guess
• 9:36
  that
• 9:36
  stability
• 9:36
  also
• 9:36
  plays
• 9:37
  into
• 9:37
  it
• 9:37
  too,
• 9:37
  the
• 9:38
  price
• 9:38
  stability,
• 9:38
  Right?
• 9:39
  It
• 9:39
  does.
• 9:40
  Absolutely.
• 9:40
  The
• 9:41
  other
• 9:41
  thing,
• 9:41
  I
• 9:41
  would
• 9:41
  say,
• 9:41
  if
• 9:42
  your
• 9:42
  nest
• 9:42
  egg
• 9:42
  was
• 9:43
  sitting
• 9:43
  in
• 9:43
  the
• 9:43
  bank
• 9:43
  over
• 9:44
  the
• 9:44
  last
• 9:44
  couple
• 9:44
  of
• 9:44
  years
• 9:44
  and
• 9:45
  those
• 9:45
  lovely
• 9:46
  high
• 9:46
  interest
• 9:46
  rates
• 9:47
  that
• 9:47
  all
• 9:47
  U.S.
• 9:47
  mortgage
• 9:48
  holders
• 9:48
  were
• 9:48
  whinging
• 9:49
  about,
• 9:50
  you
• 9:50
  might
• 9:50
  have
• 9:51
  got
• 9:51
  a
• 9:51
  real
• 9:51
  injection
• 9:51
  on
• 9:52
  that
• 9:52
  deposit
• 9:52
  and
• 9:52
  really
• 9:53
  helped
• 9:53
  you
• 9:53
  to
• 9:53
  build
• 9:53
  that
• 9:54
  deposit
• 9:54
  as
• 9:54
  well.
• 9:54
  So
• 9:55
  I
• 9:55
  think
• 9:55
  that
• 9:55
  would
• 9:55
  have
• 9:56
  also
• 9:56
  helped
• 9:56
  our
• 9:56
  lovely
• 9:57
  first
• 9:57
  home
• 9:57
  buyers
• 9:58
  price
• 9:58
  stability
• 9:59
  and
• 9:59
  as
• 9:59
  we
• 10:00
  said,
• 10:00
  kind
• 10:00
  of
• 10:00
  those
• 10:00
  legislative
• 10:01
  changes
• 10:02
  that
• 10:02
  perhaps
• 10:02
  softened
• 10:03
  that
• 10:03
  investor
• 10:03
  market,
• 10:04
  which
• 10:04
  is
• 10:04
  typically
• 10:05
  around
• 10:05
  the
• 10:05
  same
• 10:06
  sort
• 10:06
  of
• 10:06
  stock
• 10:06
  that
• 10:07
  first
• 10:07
  Home
• 10:07
  buyers
• 10:08
  are
• 10:08
  looking
• 10:08
  at.
• 10:09
  We
• 10:09
  start
• 10:09
  to
• 10:10
  see
• 10:10
  that
• 10:10
  sort
• 10:10
  of
• 10:10
  open
• 10:10
  up,
• 10:11
  that
• 10:11
  sort
• 10:11
  of.
• 10:11
  It's
• 10:12
  almost
• 10:12
  like
• 10:12
  a
• 10:12
  little
• 10:12
  perfect
• 10:13
  storm
• 10:13
  of
• 10:13
  those
• 10:13
  sort
• 10:13
  of
• 10:14
  three
• 10:14
  things
• 10:14
  coming
• 10:14
  in
• 10:14
  there
• 10:15
  with
• 10:15
  the
• 10:15
  lovely
• 10:15
  first
• 10:15
  home
• 10:15
  buyers.
• 10:16
  What
• 10:16
  that
• 10:16
  might
• 10:16
  look
• 10:16
  like
• 10:17
  going
• 10:17
  forward
• 10:17
  again
• 10:18
  will
• 10:18
  sort
• 10:18
  of
• 10:19
  be
• 10:19
  determined
• 10:20
  by
• 10:20
  perhaps
• 10:20
  what
• 10:21
  our
• 10:21
  political
• 10:21
  parties
• 10:22
  want
• 10:22
  to
• 10:22
  promise
• 10:22
  us
• 10:22
  over
• 10:23
  the
• 10:23
  coming
• 10:23
  year.
• 10:24
  If
• 10:24
  you're
• 10:24
  looking
• 10:24
  for
• 10:24
  property,
• 10:25
  start
• 10:25
  with
• 10:26
  realestate
• 10:26
  Co
• 10:27
  nz,
• 10:28
  New
• 10:28
  Zealand's
• 10:29
  longest
• 10:29
  standing
• 10:30
  property
• 10:30
  site.
• 10:31
  They've
• 10:31
  been
• 10:31
  dedicated
• 10:32
  exclusively
• 10:33
  to
• 10:33
  property
• 10:33
  since
• 10:34
  1996.
• 10:36
  That's
• 10:36
  even
• 10:37
  before
• 10:37
  Google.
• 10:38
  Whether
• 10:38
  you're
• 10:39
  buying
• 10:39
  or
• 10:39
  renting,
• 10:40
  no
• 10:41
  other
• 10:41
  property
• 10:41
  site
• 10:42
  gives
• 10:42
  you
• 10:42
  as
• 10:42
  much
• 10:42
  information.
• 10:44
  The
• 10:44
  Market
• 10:44
  Insights
• 10:45
  feature
• 10:45
  lets
• 10:45
  you
• 10:46
  view
• 10:46
  the
• 10:46
  median
• 10:46
  asking,
• 10:47
  sale
• 10:47
  and
• 10:48
  rental
• 10:48
  prices
• 10:49
  in
• 10:49
  a
• 10:49
  suburb
• 10:49
  for
• 10:50
  over
• 10:50
  1,
• 10:51
  3
• 10:51
  or
• 10:52
  even
• 10:52
  10
• 10:52
  years.
• 10:53
  Want
• 10:54
  to
• 10:54
  know
• 10:54
  what
• 10:54
  a
• 10:54
  property
• 10:54
  is
• 10:55
  worth?
• 10:55
  The
• 10:55
  estimated
• 10:56
  sale
• 10:56
  price
• 10:57
  range
• 10:57
  uses
• 10:57
  the
• 10:58
  latest
• 10:58
  sales
• 10:58
  figures
• 10:59
  from
• 10:59
  the
• 11:00
  real
• 11:00
  estate
• 11:00
  industry.
• 11:01
  Scroll
• 11:02
  to
• 11:02
  the
• 11:02
  bottom
• 11:02
  of
• 11:02
  a
• 11:02
  property
• 11:03
  listing
• 11:03
  to
• 11:03
  discover
• 11:04
  what
• 11:04
  it
• 11:04
  sold
• 11:04
  for
• 11:04
  in
• 11:04
  the
• 11:05
  past,
• 11:05
  the
• 11:05
  council
• 11:06
  valuation
• 11:07
  and
• 11:07
  what
• 11:07
  you
• 11:08
  can
• 11:08
  expect
• 11:08
  to
• 11:08
  pay
• 11:08
  for
• 11:08
  it
• 11:09
  even
• 11:09
  before
• 11:10
  you
• 11:10
  view
• 11:10
  it.
• 11:11
  Become
• 11:12
  the
• 11:12
  property
• 11:12
  expert,
• 11:13
  download
• 11:14
  the
• 11:14
  realestate
• 11:14
  Co
• 11:15
  NZ
• 11:15
  app
• 11:16
  and
• 11:16
  make
• 11:16
  informed
• 11:17
  decisions
• 11:18
  fast.
• 11:19
  As
• 11:19
  they've
• 11:20
  pointed
• 11:20
  out
• 11:20
  in
• 11:20
  this
• 11:20
  letter.
• 11:20
  I
• 11:21
  mean
• 11:21
  things
• 11:21
  like
• 11:21
  capital
• 11:21
  gains
• 11:22
  tax
• 11:22
  being
• 11:22
  talked
• 11:23
  about
• 11:24
  quite
• 11:24
  seriously
• 11:26
  and
• 11:26
  things
• 11:27
  about
• 11:27
  whether
• 11:27
  or
• 11:27
  not
• 11:28
  we
• 11:28
  want
• 11:28
  more
• 11:29
  housing,
• 11:29
  house
• 11:30
  building,
• 11:30
  greater
• 11:30
  intensification.
• 11:31
  I
• 11:32
  mean
• 11:32
  do
• 11:32
  you
• 11:32
  hear
• 11:32
  those
• 11:33
  keywords?
• 11:33
  Do
• 11:33
  those
• 11:34
  sort
• 11:34
  of.
• 11:34
  If
• 11:35
  they
• 11:35
  do
• 11:35
  or
• 11:35
  don't
• 11:35
  go
• 11:36
  ahead,
• 11:36
  does
• 11:36
  that
• 11:36
  mean
• 11:37
  anything
• 11:37
  for
• 11:38
  the
• 11:38
  property
• 11:38
  market?
• 11:39
  Would
• 11:39
  there
• 11:39
  be
• 11:39
  sort
• 11:39
  of
• 11:39
  flags
• 11:40
  there
• 11:40
  for
• 11:40
  you?
• 11:41
  Yeah,
• 11:41
  I
• 11:41
  think
• 11:41
  if
• 11:42
  you're
• 11:42
  buying
• 11:42
  your
• 11:42
  first
• 11:43
  home
• 11:43
  or
• 11:43
  you're
• 11:44
  looking
• 11:44
  at
• 11:44
  transacting
• 11:45
  your
• 11:45
  family
• 11:46
  home,
• 11:46
  that
• 11:47
  capital
• 11:47
  gains
• 11:48
  tax
• 11:48
  probably
• 11:48
  won't
• 11:49
  impact
• 11:49
  you
• 11:49
  too
• 11:49
  much.
• 11:50
  They
• 11:50
  are
• 11:50
  talking
• 11:50
  about
• 11:51
  that
• 11:51
  being
• 11:51
  a
• 11:51
  tax
• 11:52
  on
• 11:52
  wealth
• 11:53
  outside
• 11:53
  of
• 11:54
  the
• 11:54
  family
• 11:54
  home.
• 11:54
  Of
• 11:55
  course
• 11:55
  the
• 11:55
  devil
• 11:56
  is
• 11:56
  in
• 11:56
  the
• 11:56
  detail.
• 11:57
  We
• 11:57
  don't
• 11:57
  have
• 11:57
  loads
• 11:58
  of
• 11:58
  details
• 11:58
  at
• 11:58
  the
• 11:58
  moment,
• 11:58
  but
• 11:59
  the
• 11:59
  headlines
• 11:59
  would
• 12:00
  tell
• 12:00
  us
• 12:00
  that
• 12:00
  those
• 12:01
  that
• 12:01
  the
• 12:01
  family
• 12:02
  home
• 12:02
  would
• 12:02
  be
• 12:02
  exempt
• 12:03
  from
• 12:03
  any
• 12:03
  of
• 12:03
  those
• 12:04
  capital
• 12:04
  gains
• 12:04
  taxes.
• 12:05
  The
• 12:05
  biggest
• 12:06
  thing
• 12:06
  I
• 12:06
  would
• 12:06
  probably
• 12:07
  be
• 12:07
  looking
• 12:07
  at,
• 12:07
  especially
• 12:08
  if
• 12:08
  you
• 12:08
  are
• 12:08
  a
• 12:08
  first
• 12:08
  home
• 12:09
  buyer,
• 12:09
  is
• 12:09
  what
• 12:09
  political
• 12:10
  parties
• 12:10
  are
• 12:10
  talking
• 12:11
  about
• 12:11
  with
• 12:11
  KiwiSaver
• 12:12
  at
• 12:13
  the
• 12:13
  moment.
• 12:13
  We
• 12:13
  have
• 12:13
  the
• 12:14
  option
• 12:14
  to
• 12:15
  take
• 12:16
  out
• 12:16
  money
• 12:16
  from
• 12:16
  our
• 12:16
  Kiwisaver
• 12:17
  to
• 12:17
  utilise
• 12:18
  for
• 12:18
  our
• 12:18
  first
• 12:18
  home.
• 12:19
  I
• 12:19
  haven't
• 12:20
  seen
• 12:20
  anything
• 12:20
  or
• 12:20
  heard
• 12:21
  anything,
• 12:21
  but
• 12:21
  it'd
• 12:21
  be
• 12:21
  good
• 12:22
  to
• 12:22
  just
• 12:22
  check
• 12:22
  that
• 12:22
  that
• 12:23
  is
• 12:23
  going
• 12:23
  to
• 12:23
  continue
• 12:23
  with
• 12:24
  the
• 12:24
  new
• 12:24
  governments
• 12:25
  or
• 12:25
  the
• 12:25
  new
• 12:25
  political
• 12:25
  promises,
• 12:26
  shall
• 12:26
  we?
• 12:27
  Because
• 12:27
  again,
• 12:28
  if
• 12:28
  you
• 12:28
  are
• 12:28
  thinking
• 12:28
  about
• 12:29
  using
• 12:29
  that
• 12:29
  as
• 12:29
  your
• 12:29
  deposit,
• 12:30
  you
• 12:30
  want
• 12:30
  to
• 12:30
  make
• 12:30
  sure
• 12:30
  that's
• 12:31
  still
• 12:31
  an
• 12:31
  option
• 12:31
  for
• 12:32
  you.
• 12:32
  I
• 12:32
  think
• 12:33
  Kiwisaver
• 12:34
  is
• 12:34
  going
• 12:34
  to
• 12:34
  be
• 12:34
  a
• 12:34
  big
• 12:35
  story
• 12:35
  around
• 12:35
  the
• 12:36
  political
• 12:36
  landscape.
• 12:37
  I
• 12:37
  know
• 12:37
  that
• 12:37
  we've
• 12:37
  got
• 12:38
  some
• 12:38
  changes
• 12:38
  to
• 12:38
  the
• 12:38
  minimum
• 12:39
  requirements
• 12:39
  going
• 12:40
  in,
• 12:40
  which
• 12:40
  personally
• 12:41
  I
• 12:41
  think
• 12:41
  is
• 12:41
  great.
• 12:41
  And
• 12:42
  the
• 12:42
  other
• 12:42
  thing
• 12:42
  I
• 12:42
  would
• 12:42
  say
• 12:43
  is
• 12:43
  that
• 12:43
  if
• 12:43
  that
• 12:44
  is
• 12:44
  looking
• 12:45
  likely
• 12:45
  and
• 12:45
  it
• 12:45
  does
• 12:46
  come
• 12:46
  in
• 12:46
  and
• 12:46
  the
• 12:46
  details
• 12:47
  suggest
• 12:47
  that
• 12:48
  it's
• 12:48
  going
• 12:48
  to
• 12:48
  hit
• 12:49
  investors
• 12:49
  hard,
• 12:50
  then
• 12:50
  perhaps
• 12:51
  again
• 12:51
  it
• 12:51
  might
• 12:51
  open
• 12:51
  up
• 12:52
  another
• 12:52
  set
• 12:52
  of
• 12:52
  stock
• 12:53
  for
• 12:53
  those
• 12:53
  first
• 12:53
  home
• 12:53
  buyers
• 12:54
  who
• 12:54
  might
• 12:54
  be
• 12:55
  able,
• 12:55
  if
• 12:55
  investors
• 12:55
  want
• 12:56
  to
• 12:56
  get
• 12:56
  offload
• 12:56
  that
• 12:57
  stock,
• 12:57
  those
• 12:58
  lovely
• 12:58
  investment
• 12:58
  properties,
• 12:59
  to
• 12:59
  perhaps
• 12:59
  negate
• 13:00
  that
• 13:00
  tax.
• 13:01
  Then
• 13:01
  again,
• 13:01
  you
• 13:01
  might
• 13:02
  see
• 13:02
  an
• 13:02
  influx
• 13:02
  of
• 13:02
  supply
• 13:03
  come
• 13:03
  into
• 13:03
  the
• 13:03
  market.
• 13:04
  Yeah.
• 13:05
  And
• 13:05
  how
• 13:05
  much
• 13:06
  does
• 13:06
  it
• 13:06
  give
• 13:06
  the
• 13:06
  market
• 13:06
  the
• 13:07
  jitters,
• 13:07
  even
• 13:07
  just
• 13:07
  having
• 13:08
  the
• 13:08
  stuff
• 13:08
  talked
• 13:08
  about?
• 13:08
  Because
• 13:09
  sometimes
• 13:09
  I
• 13:09
  feel
• 13:10
  like
• 13:10
  this
• 13:10
  stuff
• 13:10
  gets
• 13:10
  brought
• 13:11
  up
• 13:11
  and
• 13:12
  people
• 13:12
  get
• 13:12
  a
• 13:12
  bit
• 13:13
  jittery
• 13:13
  that
• 13:14
  it's
• 13:14
  even
• 13:14
  on
• 13:14
  the
• 13:15
  table.
• 13:16
  But
• 13:16
  is
• 13:17
  that
• 13:17
  just
• 13:17
  me
• 13:18
  talking
• 13:18
  to
• 13:18
  people
• 13:19
  who
• 13:19
  maybe
• 13:20
  they
• 13:20
  say
• 13:20
  a
• 13:20
  bunch
• 13:20
  of
• 13:20
  stuff
• 13:20
  and
• 13:21
  they
• 13:21
  don't
• 13:21
  follow
• 13:21
  through,
• 13:22
  or
• 13:22
  do
• 13:22
  we
• 13:22
  actually
• 13:23
  see
• 13:23
  those
• 13:23
  jitters
• 13:24
  come
• 13:24
  through
• 13:24
  to
• 13:24
  the
• 13:24
  market?
• 13:25
  Whether
• 13:25
  it's
• 13:25
  a
• 13:26
  specific
• 13:26
  jitter
• 13:27
  about
• 13:27
  a
• 13:27
  specific
• 13:27
  thing,
• 13:28
  I'm
• 13:28
  not
• 13:28
  sure.
• 13:28
  But
• 13:29
  I
• 13:29
  think
• 13:29
  again,
• 13:29
  we
• 13:30
  go
• 13:30
  back
• 13:30
  to
• 13:30
  that
• 13:30
  uncertainty
• 13:31
  or
• 13:31
  change
• 13:32
  and
• 13:32
  that's
• 13:33
  just,
• 13:33
  you
• 13:33
  know,
• 13:33
  people's
• 13:34
  natural
• 13:34
  reaction.
• 13:34
  When
• 13:35
  you
• 13:35
  are
• 13:35
  going
• 13:36
  to
• 13:36
  transact
• 13:36
  one
• 13:36
  of
• 13:36
  the
• 13:37
  biggest
• 13:37
  assets
• 13:37
  of
• 13:37
  your
• 13:38
  life,
• 13:38
  you're
• 13:39
  trying
• 13:39
  to
• 13:39
  make
• 13:39
  sense
• 13:40
  of
• 13:40
  a
• 13:40
  lot
• 13:40
  of
• 13:40
  things.
• 13:40
  You're
• 13:41
  trying
• 13:41
  to.
• 13:41
  If
• 13:41
  this,
• 13:42
  then
• 13:42
  that,
• 13:42
  you
• 13:42
  know,
• 13:42
  you're
• 13:42
  trying
• 13:43
  to
• 13:43
  do
• 13:43
  all
• 13:43
  the
• 13:43
  maths
• 13:44
  and,
• 13:44
  you
• 13:44
  know,
• 13:45
  it.
• 13:45
  It
• 13:45
  does
• 13:45
  make
• 13:46
  it
• 13:46
  hard.
• 13:46
  But
• 13:46
  again,
• 13:47
  sometimes,
• 13:47
  I
• 13:47
  mean,
• 13:48
  there's
• 13:48
  always
• 13:48
  going
• 13:48
  to
• 13:48
  be
• 13:48
  things
• 13:49
  that
• 13:49
  are
• 13:49
  outside
• 13:49
  of
• 13:49
  your
• 13:49
  control,
• 13:50
  there's
• 13:50
  always
• 13:51
  going
• 13:51
  to
• 13:51
  be
• 13:51
  changes,
• 13:52
  there's
• 13:52
  always
• 13:52
  going
• 13:52
  to
• 13:53
  be
• 13:53
  things
• 13:53
  happening
• 13:54
  globally
• 13:55
  that
• 13:55
  are
• 13:55
  gonna
• 13:55
  impact
• 13:56
  that
• 13:56
  we
• 13:56
  can't
• 13:56
  foresee
• 13:57
  today.
• 13:57
  So
• 13:58
  sometimes
• 13:58
  it's
• 13:59
  just
• 13:59
  good
• 13:59
  to
• 13:59
  remind
• 14:00
  yourself,
• 14:00
  what
• 14:01
  is
• 14:01
  it
• 14:01
  that
• 14:01
  I
• 14:01
  can
• 14:01
  control
• 14:02
  right
• 14:02
  now?
• 14:03
  What
• 14:03
  is
• 14:03
  it
• 14:03
  I've
• 14:03
  got
• 14:04
  available
• 14:04
  to
• 14:04
  me
• 14:05
  right
• 14:05
  now?
• 14:06
  What
• 14:06
  is
• 14:06
  the
• 14:06
  best
• 14:06
  decision
• 14:07
  for
• 14:07
  me
• 14:07
  with
• 14:08
  the
• 14:08
  information
• 14:08
  I
• 14:08
  have
• 14:09
  in
• 14:09
  front
• 14:09
  of
• 14:09
  me?
• 14:10
  Not
• 14:10
  all
• 14:10
  the
• 14:10
  crystal
• 14:11
  balls
• 14:11
  that
• 14:11
  I
• 14:11
  could
• 14:11
  possibly
• 14:12
  make
• 14:12
  up
• 14:12
  in
• 14:12
  my
• 14:12
  mind.
• 14:14
  And
• 14:14
  again,
• 14:15
  as
• 14:15
  we
• 14:15
  always
• 14:15
  say
• 14:15
  on
• 14:16
  this
• 14:16
  podcast,
• 14:16
  speak
• 14:17
  to
• 14:17
  those
• 14:17
  experts,
• 14:18
  go
• 14:18
  back
• 14:18
  to
• 14:19
  your
• 14:19
  plan
• 14:19
  what
• 14:19
  do
• 14:19
  we
• 14:20
  want
• 14:20
  to
• 14:20
  achieve?
• 14:20
  And
• 14:21
  does
• 14:21
  this
• 14:21
  decision
• 14:22
  help
• 14:22
  me
• 14:22
  to
• 14:22
  achieve
• 14:23
  what
• 14:23
  my
• 14:23
  plan
• 14:24
  has
• 14:24
  set
• 14:24
  out
• 14:25
  with
• 14:25
  the
• 14:25
  information
• 14:26
  that
• 14:26
  I've
• 14:26
  got
• 14:26
  from
• 14:26
  experts,
• 14:27
  you
• 14:27
  know,
• 14:27
  because
• 14:28
  you
• 14:28
  don't
• 14:28
  want
• 14:28
  to
• 14:28
  miss.
• 14:29
  Is
• 14:29
  this
• 14:29
  market
• 14:29
  actually
• 14:30
  a
• 14:30
  really
• 14:30
  great
• 14:30
  market
• 14:31
  to
• 14:31
  transact
• 14:31
  in
• 14:31
  and
• 14:32
  I
• 14:32
  don't
• 14:32
  want
• 14:32
  people
• 14:33
  to
• 14:33
  miss
• 14:33
  out
• 14:33
  on
• 14:33
  it.
• 14:34
  This
• 14:34
  is
• 14:34
  actually.
• 14:35
  It's
• 14:35
  so
• 14:35
  similar
• 14:35
  to.
• 14:35
  I
• 14:36
  was
• 14:36
  literally,
• 14:37
  I
• 14:37
  was
• 14:37
  being
• 14:38
  interviewed
• 14:38
  this
• 14:38
  time
• 14:38
  about,
• 14:38
  you
• 14:39
  know,
• 14:39
  Kiwisaver
• 14:39
  and
• 14:39
  what
• 14:40
  you
• 14:40
  do
• 14:40
  in
• 14:40
  uncertain
• 14:40
  times.
• 14:42
  And
• 14:43
  very
• 14:43
  much
• 14:43
  my
• 14:43
  point
• 14:44
  was
• 14:44
  you
• 14:45
  make
• 14:45
  your
• 14:45
  decisions
• 14:45
  on
• 14:46
  Kiwisaver,
• 14:46
  on
• 14:47
  your
• 14:47
  life,
• 14:48
  not
• 14:48
  the
• 14:48
  headlines.
• 14:49
  And
• 14:49
  I
• 14:49
  do
• 14:50
  think
• 14:50
  like
• 14:51
  the
• 14:51
  headlines
• 14:51
  can
• 14:51
  impact
• 14:52
  things.
• 14:52
  I
• 14:52
  don't
• 14:52
  want
• 14:52
  to
• 14:53
  underplay
• 14:53
  that,
• 14:54
  but
• 14:54
  I
• 14:54
  feel
• 14:55
  like
• 14:55
  so
• 14:55
  much
• 14:55
  of
• 14:55
  things
• 14:56
  with
• 14:56
  money
• 14:56
  in
• 14:56
  general
• 14:57
  comes
• 14:57
  back
• 14:57
  to
• 14:57
  your
• 14:58
  life
• 14:58
  first
• 14:58
  and
• 14:59
  then
• 14:59
  the
• 14:59
  headlines
• 15:00
  is
• 15:00
  just
• 15:00
  sort
• 15:00
  of
• 15:00
  an
• 15:01
  additional
• 15:01
  bit
• 15:01
  of
• 15:02
  noise
• 15:02
  that
• 15:03
  you
• 15:03
  may
• 15:03
  or
• 15:03
  may
• 15:03
  not
• 15:04
  bring
• 15:04
  in
• 15:06
  into
• 15:06
  the
• 15:06
  mix.
• 15:07
  But
• 15:07
  it
• 15:07
  has
• 15:08
  to
• 15:08
  be
• 15:08
  your
• 15:08
  life
• 15:09
  and
• 15:09
  those
• 15:09
  factors
• 15:10
  first
• 15:10
  are
• 15:10
  often
• 15:11
  the
• 15:11
  biggest
• 15:11
  impact.
• 15:12
  So
• 15:12
  if
• 15:13
  we
• 15:14
  strip
• 15:14
  back
• 15:14
  the
• 15:14
  politics
• 15:15
  for
• 15:15
  a
• 15:15
  moment
• 15:15
  and
• 15:16
  you
• 15:16
  just
• 15:16
  look
• 15:16
  at
• 15:17
  the
• 15:17
  housing
• 15:18
  market,
• 15:18
  what's
• 15:19
  sort
• 15:19
  of
• 15:19
  your
• 15:19
  big
• 15:19
  takeaway
• 15:20
  on
• 15:20
  the
• 15:20
  housing
• 15:20
  market
• 15:21
  right
• 15:21
  now?
• 15:21
  My
• 15:22
  headline
• 15:22
  for
• 15:22
  the
• 15:22
  property
• 15:23
  market.
• 15:24
  Don't
• 15:24
  listen
• 15:24
  to
• 15:24
  the
• 15:24
  headlines,
• 15:24
  but
• 15:25
  listen
• 15:25
  to
• 15:25
  this
• 15:25
  headline.
• 15:26
  No,
• 15:26
  my
• 15:27
  headline
• 15:27
  for
• 15:27
  the
• 15:27
  property
• 15:28
  market
• 15:28
  at
• 15:28
  the
• 15:28
  moment
• 15:28
  would
• 15:28
  be
• 15:29
  very
• 15:29
  stable
• 15:29
  market
• 15:31
  sellers
• 15:31
  are
• 15:31
  confident.
• 15:32
  We
• 15:32
  have
• 15:32
  got
• 15:33
  a
• 15:33
  fresh
• 15:33
  lot
• 15:34
  of
• 15:34
  new
• 15:34
  listings
• 15:34
  available
• 15:35
  and
• 15:35
  there's
• 15:36
  also
• 15:36
  plenty
• 15:36
  to
• 15:37
  peruse
• 15:37
  from.
• 15:38
  Buyers
• 15:38
  are
• 15:38
  still
• 15:38
  being
• 15:39
  very
• 15:39
  considered,
• 15:40
  but
• 15:40
  the
• 15:40
  good
• 15:40
  ones
• 15:40
  are
• 15:41
  being
• 15:41
  snapped
• 15:41
  up
• 15:41
  quickly.
• 15:42
  So,
• 15:43
  you
• 15:43
  know,
• 15:43
  keep
• 15:43
  an
• 15:43
  eye
• 15:44
  on
• 15:44
  your
• 15:44
  local
• 15:44
  market.
• 15:45
  There's
• 15:45
  lots
• 15:46
  to
• 15:46
  look
• 15:46
  at,
• 15:46
  but
• 15:47
  don't
• 15:48
  be
• 15:48
  afraid
• 15:48
  to
• 15:49
  pull
• 15:49
  the
• 15:49
  trigger
• 15:50
  on
• 15:50
  that
• 15:50
  transaction
• 15:50
  if
• 15:51
  it
• 15:51
  works
• 15:51
  for
• 15:51
  you
• 15:51
  and
• 15:51
  your
• 15:51
  money
• 15:52
  situation
• 15:52
  right
• 15:52
  now,
• 15:53
  because
• 15:53
  those
• 15:53
  good
• 15:54
  properties
• 15:54
  are
• 15:54
  getting
• 15:54
  snapped
• 15:55
  up.
• 15:55
  Love
• 15:55
  it.
• 15:56
  And
• 15:56
  if
• 15:56
  someone
• 15:56
  is
• 15:56
  watching
• 15:57
  the
• 15:57
  politics
• 15:57
  and
• 15:57
  they're
• 15:58
  a
• 15:58
  bit
• 15:58
  concerned,
• 15:59
  what
• 15:59
  do
• 15:59
  you
• 15:59
  think
• 15:59
  is
• 15:59
  the
• 16:00
  big
• 16:00
  one
• 16:00
  to
• 16:00
  watch
• 16:00
  in
• 16:01
  terms
• 16:01
  of
• 16:01
  noise
• 16:02
  versus
• 16:03
  might
• 16:03
  actually
• 16:03
  move
• 16:03
  the
• 16:04
  dial?
• 16:05
  Ooh,
• 16:05
  that's
• 16:05
  a
• 16:05
  really
• 16:06
  great
• 16:06
  question
• 16:06
  because
• 16:06
  I
• 16:07
  think
• 16:07
  a
• 16:07
  lot
• 16:07
  of
• 16:07
  it
• 16:07
  is
• 16:08
  noise,
• 16:08
  especially
• 16:09
  when
• 16:09
  you
• 16:09
  pull
• 16:09
  it
• 16:09
  right
• 16:10
  back
• 16:10
  down
• 16:10
  to
• 16:10
  your
• 16:11
  own
• 16:11
  personal
• 16:11
  level.
• 16:12
  But
• 16:12
  I
• 16:12
  think
• 16:12
  the
• 16:13
  big
• 16:13
  thing
• 16:13
  for
• 16:13
  me
• 16:13
  is
• 16:14
  if
• 16:14
  I
• 16:14
  was
• 16:14
  a
• 16:14
  first
• 16:14
  home
• 16:15
  buyer,
• 16:15
  I'd
• 16:15
  be
• 16:15
  just
• 16:16
  watching
• 16:16
  those
• 16:17
  Kiwisaver
• 16:18
  legislations
• 16:19
  or
• 16:19
  the
• 16:19
  tweaks
• 16:20
  to
• 16:20
  the
• 16:20
  Kiwisaver
• 16:20
  that
• 16:20
  may
• 16:21
  or
• 16:21
  may
• 16:21
  not
• 16:21
  go
• 16:21
  ahead.
• 16:21
  I
• 16:22
  think
• 16:22
  that'll
• 16:22
  be
• 16:22
  a
• 16:22
  big
• 16:22
  topic.
• 16:23
  Capital
• 16:24
  gains
• 16:24
  tax.
• 16:24
  Sure.
• 16:24
  If
• 16:25
  you're
• 16:25
  an
• 16:25
  investor,
• 16:25
  I
• 16:25
  would
• 16:26
  be
• 16:26
  keeping
• 16:26
  a
• 16:26
  close
• 16:26
  eye
• 16:27
  on
• 16:27
  those.
• 16:28
  The
• 16:28
  other
• 16:28
  thing
• 16:28
  that
• 16:29
  I
• 16:29
  would
• 16:29
  be
• 16:29
  thinking
• 16:29
  about
• 16:29
  is
• 16:30
  if
• 16:30
  there's
• 16:30
  any
• 16:31
  loosening
• 16:32
  or
• 16:32
  tightening
• 16:33
  of
• 16:33
  perhaps
• 16:34
  loan
• 16:34
  to
• 16:34
  value
• 16:35
  ratios.
• 16:36
  If
• 16:36
  there's
• 16:36
  anything
• 16:37
  around
• 16:37
  the
• 16:37
  debt
• 16:38
  to
• 16:38
  income
• 16:38
  ratios
• 16:39
  or
• 16:39
  DTIs
• 16:39
  that
• 16:40
  we
• 16:40
  sort
• 16:40
  of
• 16:40
  speak
• 16:41
  about.
• 16:41
  There's
• 16:42
  been
• 16:42
  quite
• 16:42
  a
• 16:42
  lot
• 16:43
  of
• 16:43
  changes
• 16:44
  that
• 16:44
  have
• 16:44
  happened
• 16:45
  over
• 16:45
  the
• 16:45
  last
• 16:45
  five
• 16:46
  years,
• 16:46
  and
• 16:47
  perhaps
• 16:47
  a
• 16:47
  political
• 16:48
  party
• 16:48
  might
• 16:49
  take
• 16:49
  an
• 16:50
  opportunity
• 16:50
  to
• 16:51
  review
• 16:51
  one
• 16:51
  of
• 16:52
  those
• 16:52
  if
• 16:52
  they
• 16:52
  do
• 16:53
  want
• 16:53
  to
• 16:53
  move
• 16:53
  the
• 16:53
  property
• 16:54
  market.
• 16:54
  Great
• 16:54
  stuff
• 16:55
  for
• 16:55
  us
• 16:55
  to
• 16:55
  be
• 16:55
  watching
• 16:55
  and
• 16:56
  this
• 16:56
  year
• 16:56
  is
• 16:56
  going
• 16:56
  to
• 16:56
  be
• 16:57
  interesting.
• 16:57
  I
• 16:57
  do.
• 16:58
  There
• 16:58
  is
• 16:58
  a
• 16:58
  part
• 16:58
  of
• 16:58
  me
• 16:59
  that
• 16:59
  still
• 16:59
  loves
• 16:59
  to
• 16:59
  watch
• 17:00
  politics.
• 17:01
  I
• 17:01
  don't
• 17:01
  ever
• 17:01
  miss
• 17:02
  being
• 17:02
  in
• 17:02
  the
• 17:02
  mix,
• 17:02
  but
• 17:02
  I
• 17:03
  do
• 17:03
  love
• 17:03
  watching
• 17:04
  from
• 17:04
  the
• 17:04
  sidelines
• 17:05
  and
• 17:05
  seeing
• 17:05
  how
• 17:05
  it
• 17:05
  interacts
• 17:05
  with
• 17:06
  our
• 17:06
  money.
• 17:06
  So
• 17:06
  thank
• 17:06
  you
• 17:07
  very
• 17:07
  much,
• 17:07
  Vanessa
• 17:07
  Williams,
• 17:08
  our
• 17:08
  data
• 17:08
  queen
• 17:08
  from
• 17:09
  realestate
• 17:09
  Co
• 17:10
  nz.
• 17:10
  Now,
• 17:11
  if
• 17:11
  this
• 17:11
  helped
• 17:11
  you,
• 17:12
  then
• 17:12
  first
• 17:12
  of
• 17:12
  all
• 17:12
  send
• 17:13
  it
• 17:13
  to
• 17:13
  a
• 17:13
  friend
• 17:13
  so
• 17:13
  we
• 17:13
  can
• 17:14
  all
• 17:14
  level
• 17:14
  up
• 17:14
  with
• 17:14
  money
• 17:14
  together.
• 17:15
  And
• 17:15
  if
• 17:15
  you
• 17:15
  have
• 17:15
  a
• 17:16
  question
• 17:16
  that
• 17:16
  you
• 17:16
  want
• 17:16
  to
• 17:16
  get
• 17:16
  in
• 17:17
  front
• 17:17
  of
• 17:17
  one
• 17:17
  of
• 17:17
  our
• 17:17
  experts,
• 17:18
  send
• 17:18
  it
• 17:19
  through
• 17:19
  and
• 17:19
  we'll
• 17:20
  talk
• 17:20
  about
• 17:20
  your
• 17:20
  sit.
• 17:21
  It's
• 17:22
  askranciscook.co
• 17:24
  nz.
• 17:24
  Until
• 17:25
  next
• 17:25
  time,
• 17:25
  have
• 17:25
  a
• 17:25
  great
• 17:26
  day.
• 17:27
  This
• 17:28
  podcast
• 17:28
  can
• 17:28
  only
• 17:29
  give
• 17:29
  you
• 17:29
  general
• 17:29
  information
• 17:30
  about
• 17:30
  how
• 17:31
  things
• 17:31
  work
• 17:31
  in
• 17:32
  most
• 17:32
  situations.
• 17:33
  It's
• 17:33
  not
• 17:33
  individual
• 17:34
  financial
• 17:34
  advice.
• 17:35
  If
• 17:35
  you're
• 17:36
  after
• 17:36
  that,
• 17:36
  a
• 17:37
  financial
• 17:37
  advisor
• 17:38
  is
• 17:38
  always
• 17:38
  the
• 17:38
  best
• 17:39
  bet.