Latest update is Comvita driven to the ground by David Banfield and boy toy Andy Chen 😂😂 is the accounting "irregularities" by mainland Chinese team 😂😂😂😂 more accounting frauds to be found?

Me breaking up with my partner two nights ago(New year’s eve), made me realise that I ain’t gonna put my money to where my romantic interest is 🤣🤣🤣🤣

In 1985, the fastest growing FARM prices were the best investment. In 2025, the fastest growing house price is the best investment, and in 2045, the fastest RENTING APP will be the best investment Property owners/ investors will complain that Tech Companies and AI is making the most profit. NZ home will be available on an APP.

Why can't this country get anything right?

Kenyons no stranger to this they have done it before 😂😂

I bet alot of commenters followed these dorks on the socials....😂 😂

Rates will fall when the banksters have extracted as much profit as is humanly possible.

Murupara was a forestry town. A lot of ex state houses

What about Hamilton investment.

Dam!!!!! That’s a portfolio 🎉

Hahahhaha that’s the reality right now hahah hence why I started investing in shares via Sharesies. But I’m currently just doing research about NZ’s real state coz I want 14,000 rental properties before my late 40s. So there’s a possibility that I will be nocking on your front door later on down the road. It’s doesn’t kill anyone to dream big 😅

I wish I got regular pay rises but a h year….

Murupara is a gang s-t town, you steer clear of it, and if you’re a parent and choose to raise your kids there you’ve sold them short, exposed them to the worst and gave them little hope for their future. . Very very sad. Terrible place

How stupid ! Everyone is saying don’t buy a house fullstop

If found to be fraudulent send them both of them to prison ,

What ridiculous house prices at the higher end sounds like a ponzi to me.

Property is overcooked in New Zealand. This is just shameless spruiking because these 2 jokers don't have any use in the productive sector. Can you imagine these 2 on a building site?

are all these numbers in USD or NZD?

Thanks guys for your informed and at times, funny, update today. I’m looking forward to 2025 and all it has to offer property investors.

The name Hanover, springs to mind with this crap. These Duval people were creating dozens upon dozens of paper companies and leveraging one against the other with loans. But of course, like Hanover, when they noticed it was all about to turn to shit, they take out as much cash as they can, hide it away and skip off into the sunset while investors, purchasers and building companies are left broke.

These arseholes are shameless..utterly shameless

They borrow on the contract signed by the client, so they sell off the plan at $500,000 x 100 units = $50,000,000. They then build the units at $300,000 x 100 units = $30,000,000 borrow 80% of the contract amount approximately $40,000,000 using deposits as their deposits. Then they run out and buy penthouses, lambo’s, jets, boats because they have the NZ TAXATION looking at how much money they have and they forget that there is a &30,000,000 building still to be built. Once it all starts going to shit, it’s every man for himself and if you have been called into the office and got a promotion to a director of the company, well you are about to be their bucket that all the shit is going to get dumped into

The guys been bankrupt before…go figure.

I disagree if your taxes dont go up then yuor mortgage should stay the same as long as you have a fixed interest rate.

I was infrimed to pay a little more than your mortgage it culd be from $100 to $300 if you can and tell the lender that you want that payment to go towards your principal. That will help to pay off your mortgage early.

Great video. I would like to learn more on this type of videos

What's the hottest over the next 5 years? If it's hottest now I should have bought last year... share the crystal ball.

Private jet and rolls Royce should have a red flag

I think a stat for median net worth not including the owner occupied home and mortgage is more useful

Avondale

I think you need to add net migration

Otahuhu? Very interesting

Well done!

Taupo was up there! yea boi!

Awesome

rolleston is alwful thye just ruin farms and dont get anything done

Thanks Ed, imo criticising competitors often says more about the criticiser. Anyone can find negative stories about other companies (and omit the happy stories those other companies have) whilst omitting negative stories about their own company. Perhaps you have no negative stories? Not criticising just genuinely Interested to know a bit more like whether you categorically know what other companies make out of every property sale? Do you still charge the same $ to developers as you used to? Do you disclose how much that is to your clients? Thanks again.

What do you mean by tax free? Anyone who has investment properties and getting rent, he has to pay tax on the rental income.

This is an example of what is wrong with society, nothing but greed.,

If I had an offset account for my mortgage, would it matter if I payed that into my mortgage weekly compared to waiting monthly?

What about the Hamilton area?

apartment for your first buy? but didnt you say to avoid apartments if its your first home

North Canterbury gotta go up eventually

Our insurers paid for a reinstatement valuation for our house. It was $1 million more than we paid for the house. We’re not flood prone however our insurance is nearly $10,000 a year.

Worst case, half the city/town is flood prone or flood plain. Mean you have the other half to buy. Why do you still try to buy in flood area? Same with other natural hazards. Insurance get tougher and tougher every year. Even new building code with high ground clearance, no one want to sit in a house surround by flood.

Yea, stop building in flood plains. Thick as pig shit property investor mindset. Does your property actually grow in value? Or does the nzd just drop? How are you combating the rate increases nationwide to offset the infrastructure deficit? Property was a braindead way for normal people to grow wealth. Not anymore.

It’s all fake. We are built at birth by our parents to believe in certain things. Santy clause and retirement.

This is all about due diligence The Auckland guy who moved to Westport didn’t do his ! Y do you think the council or the government should bail out people who did not do their due diligence? Especially when he has no morals and is happy to sell his known problem house to some other unsuspecting fool All the people who bought clifftop properties “must of considered the risk of collapse &erosion If they didn’t they are a fool. Usually a rich fool Y should Jo average taxpayer bail these people out ?

Developers simply won't develop if chances are the consumer won't wear the cost

🌹Your post is a reminder to never give up..I’m thrilled to meet someone with your expertise!🌹😄⛄May your career bring you endless opportunities for growth and self-fulfillment.